June 15, 2022 — REDW Wealth LLC is closing in on the $1 billion mark for Total Assets Under Management (AUM)* in a recent ranking by Albuquerque Business First. Overall, REDW Wealth LLC (an SEC-registered investment advisory firm subsidiary of REDW LLC) is ranked #3 in the city and remains the top locally-owned financial planning firm.
Founded in Albuquerque in 1997, REDW Wealth has succeeded in attracting 10 CERTIFIED FINANCIAL PLANNER™ professionals who presently manage an estimated $955.1 million in AUM for both business-individual and business-corporate clientele, as approximated by Albuquerque Business First. Just last year, REDW Wealth’s AUM was roughly $753 million in client assets with a team of seven CERTIFIED FINANCIAL PLANNER ™ professionals.
Paul Madrid, REDW Wealth Principal and Wealth Management Practice Leader, said,
“It’s always exciting to see the progress of our wealth management team compared to previous performances and to rank amongst our peers. I’m proud to say that two of the three new CERTIFIED FINANCIAL PLANNER™ professionals we’ve added were existing team members who recently passed the exam and became certified.”
He continued, “Another meaningful consideration is the fact that we are an Albuquerque firm. The idea that individual and corporate clients in our community are choosing to manage and grow their wealth with a home-grown firm really shows how far we’ve come as a community, and that we’re truly becoming better together. We’re proud to grow alongside our esteemed clients.”
For over 20 years, the trusted advisors at REDW Wealth have advised some of the most affluent individuals and families in the Southwestern United States—as well as foundations, tribal entities, and corporate clients —in how to build and protect their wealth. To learn more, visit REDW Wealth.
Albuquerque Business First’s (ABF) 2022 list, New Mexico Financial Planners, was composed of information given by individual companies through a questionnaire format and was not independently verified by Albuquerque Business First. ABF’s list ranks firms from largest to smallest by Total Assets Under Management, and in case of ties, ABF lists companies alphabetically. 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 ABF in exchange for inclusion in the 2022 New Mexico Financial Planners list, nor was membership in any organization required.
About REDW Wealth LLC:
Founded in 1997, REDW Wealth LLC is an SEC-registered investment advisory firm subsidiary of REDW LLC, operating primarily out of Albuquerque, NM. The firm has also recently established a presence in Phoenix, AZ. From both offices, REDW Wealth assists clients with wealth and asset management, investment advice, and other financial planning and estate planning needs.