Rogers Wealth Group, Inc. (Fort Worth)

Name: Rogers Wealth Group, Inc.
Address: 1330 Summit Avenue, Fort Worth, TX, 76102
Telephone: 817-334-0351

Rogers Wealth Group, Inc. is a large advisory firm based in Fort Worth. It manages $806.35 million of regulatory assets for 858 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

Rogers Wealth Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rogers Wealth Group: assets under management

The assets under management (AUM) of Rogers Wealth Group, Inc. is $806.35 million. The firm's AUM has grown by 61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $795.47 million in discretionary accounts and $10.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $972.46 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $271.9 thousand.

Rogers Wealth Group has custody of $1.86 million in cash and securities for 137 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in other assets form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rogers Wealth Group, Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rogers Wealth Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Rogers Wealth Group is individuals with 286 clients and $481.05 million of assets under management. Among the 7 most similar advisory firms, Rogers Wealth Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $806.35 million for 452 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Rogers Wealth Group doesn't advise any private funds.

Careers at Rogers Wealth Group, Inc.

The company employs 25 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Brian Joseph Mueller joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Walker Harrell	Senior vice president	1 Aug 1997	Other	4588888
James Williamson Rush	Senior vice president	1 Jan 2003	Other	2144981
Emily Alice Frazier	Chief compliance officer	1 Aug 2004	Other	5040734
Dale Craig Rogers	Chief executive officer	1 Oct 2004	75% - 100%	402693
Craig Coburn Rogers	President & chief operations officer	1 Oct 2004	25% - 50%	4542441
Matthew Phillip Lankford	Vice president & chief investment officer	1 Dec 2009	Other	4680357
Richard Dale Wilkinson	Senior vice president	1 Jun 2011	Other	4141734
Matthew Phillip Lankford	Senior vice president & chief investment officer	1 Jul 2013	Other	4680357
Craig Coburn Rogers	President & chief executive officer	1 Dec 2016	25% - 50%	4542441
Brian Joseph Mueller	Chief compliance officer	1 Jan 2018	Other	4252264

Based in Fort Worth

The principal office where Rogers Wealth Group, Inc. performs its advisory services is located at 1330 Summit Avenue, Fort Worth, TX 76102, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-334-0351 or by fax 817-334-0387. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at rogersco.com.