REDW Wealth LLC, an SEC-registered investment advisory firm subsidiary of REDW LLC, is pleased to announce its recent recognition in the accounting and financial services industry. In its 2020 ranking of top U.S. Registered Investment Advisors (“RIAsâ€), Financial Advisor lists REDW Wealth as #377 by assets under management*.
Managing over an estimated $753 million in client assets, REDW Wealth is the only New Mexico firm included in Financial Advisor’s $500 million to <$1 billion ranking category. The firm also recently secured a #3 slot among New Mexico financial planners by Albuquerque Business First.
With an overall growth rate of 13.84% in assets, and 11.29% in assets per client from 2018 to 2019 (as estimated by Financial Advisor), REDW Wealth continues its focus on developing long-term, collaborative partnerships with clients.
“We are grateful for making the list once again,†said Paul Madrid, Principal and Head of REDW Wealth. “Our growth can be attributed to our wonderful team and our amazing clients, as both have helped us increase our client base. It’s a pleasure to have such a great team and clients to grow with us over the years.â€
For over 20 years, REDW Wealth has successfully advised some of the most affluent individuals and families in the Southwest, as well as foundations, tribal entities, and corporate clients, to build and protect their wealth.
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*Financial Advisor Disclosure: Financial Advisor’s Registered Investment Advisor (FA’s RIA) survey is a ranking based on assets under management at year-end of independent RIA firms that file their own ADV with the SEC. FA’s RIA ranking orders firms from largest to smallest, based on AUM reported to us by firms that voluntarily complete and submit FA’s survey by our deadline. Not all RIA firms applied, and not all who applied met FA’s criteria. We do our best to verify AUM by reviewing ADV forms. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $300 million in assets under management as of December 31, 2019 to be included in the print edition of Financial Advisor magazine’s RIA survey. Firms with under $300 million will be included the FA’s expanded online RIA survey.
This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. It does not represent a client endorsement. Neither the RIA firms nor their employees pay a fee to Financial Advisor in exchange for inclusion in the 2020 RIA Ranking, nor was membership in any organization required.
