Albuquerque, NM – August 27, 2021 – REDW Wealth LLC, a SEC-registered investment advisory firm subsidiary of REDW LLC, is pleased to announce a recent recognition in the accounting and financial services industry. In its 2021 ranking of top U.S. Registered Investment Advisors (RIAs), Financial Advisor lists REDW Wealth as #356 by assets under management.*
Managing over an estimated $822 million in client assets, REDW Wealth is the only New Mexico firm included in Financial Advisor’s $500 million to <$1 billion ranking category.
With an overall growth rate of 9.16% in assets, and 8.25% in assets per client in 2020 (as estimated by Financial Advisor), REDW Wealth continues its focus on developing long-term, collaborative partnerships with clients.
“We are grateful for once again making the list and excited about our new ranking,” said Paul Madrid, REDW Wealth Principal and Wealth Management Practice Leader. “I believe, whole-heartedly, that our growth can be attributed to our astute, exceptional team members and our esteemed clients. 2020 was a difficult year, but when you are working collaboratively with your clients, growth is absolutely attainable,” said Madrid. “Our clients’ financial success is our primary goal and we are proud to grow alongside them.”
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. To learn more, visit REDWWealth.com.
Financial Advisor’s (FA) Registered Investment Advisor (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 by firms that voluntarily complete and submit FA’s survey by the deadline. Not all RIA firms applied, and not all who applied met FA’s criteria. FA does their 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, 2020 to be included in the print edition of Financial Advisor magazine’s RIA survey.
This ranking does not evaluate the quality of services provided to REDW Wealth clients and is not indicative of the practice’s future performance. It does not represent a client endorsement. Neither REDW Wealth nor its employees pay a fee to Financial Advisor in exchange for inclusion in the 2021 RIA Ranking, nor was membership in any organization required.