Rwm Asset Management, LLC (Tavares)

Rwm Asset Management, LLC is a related adviser based in Tavares. It manages $16.81 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Florida.

Rwm Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rwm Asset Management: assets under management

The assets under management (AUM) of Rwm Asset Management, LLC is $16.81 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.6 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rwm Asset Management, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Rwm Asset Management serves?

The only and largest group of clients of Rwm Asset Management is pooled investment vehicles with 3 clients and $16.81 million of assets under management. Among the 2 most similar advisory firms, Rwm Asset Management has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $16.81 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Rwm Asset Management also advises several private funds.

Careers at Rwm Asset Management, LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kathleen Anne Mcqueen	Chief compliance officer	1 May 2014	Other	3086688
Thomas Huey Ruggie	Managing member	1 May 2014	75% - 100%	2193305
Robert Liddell Clark	Trustee of the robert l. clark revocable trust, dated september 29, 2014, as amended	1 Sep 2014	Other	4191125
Thomas Huey Ruggie	Trustee of the thomas h. ruggie revocable trust, dated january 18, 2001, as amended	1 Jul 2019	Other	2193305
Dated January 18 2001 As Amended Thomas H. Ruggie Revocable Trust	Owner	1 Jul 2019	75% - 100%	xxx-xx-xxxx
Dated September 29 2014 As Amended Robert L. Clark Revocable Trust	Owner	1 Jul 2019	Other	xxx-xx-xxxx

Based in Tavares

The principal office where Rwm Asset Management, LLC performs its advisory services is located at 2100 Lake Eustis Dr., Tavares, FL 32778, which is also the mailing address of the firm. An additional office of the firm is in Winter Park, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 352.343.2700 or by fax 352.742.2607. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday.