REDW Wealth LLC, an SEC-registered investment advisory firm subsidiary of REDW Advisors and CPAs, one of the Southwest’s 10 largest certified public accounting and consulting firms, is pleased to have been named among America’s 2023 Top Registered Independent Advisors by Financial Advisor Magazine. In its 2023 ranking of top U.S. Registered Investment Advisors (RIAs), Financial Advisor lists REDW Wealth as #325 by assets under management*. Managing over an estimated $896.4 million in client assets as of Dec. 21, 2022, REDW Wealth Management is (once again) the only New Mexico firm included in Financial Advisor’s $500 million to <$1 billion ranking category.
“In 2022, our wealth management team rose to the challenges of the economy, inflation, and stock market thanks to long-term, trusted relationships with our clients,” said Paul Madrid, REDW Wealth Principal and Practice Leader. “This honor is a testament to the strategy, planning, and guidance provided by our talented team, all done with our best foot forward in client service and professionalism.”
According to Financial Advisor, the annual list is compiled based on assets under management at the year-end of independent RIA firms that file their own ADV with the SEC. Only firms with AUM exceeding $500 million as of December 31, 2022, are included in the print edition of Financial Advisor magazine’s 2023 RIA survey, out now. Firms with under $500 million are included in the expanded online RIA survey.
For over 25 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 redw.com/wealth.
*Ranking Disclosure:
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 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, 2022, 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 client endorsement. Neither REDW Wealth nor its employees pay a fee to Financial Advisor in exchange for inclusion in the 2023 RIA Ranking, 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. Headquartered in Albuquerque, NM and with an office Phoenix, AZ, the REDW Wealth team provides financial planning, investment management and consulting, and estate planning services to individuals, families, businesses, institutions, and tribal entities. For more about REDW Wealth, visit redw.com/wealth or follow us on linkedin.com/company/redw-wealth-llc and twitter.com/REDWWealth.
About REDW LLC:
Founded in 1953, REDW is one of the Southwest’s top 10 largest advisory and accounting firms. From our Albuquerque, Phoenix, and Oklahoma City offices, our more than 230 professionals serve the audit, tax, business and financial needs of a wide range of clients, both regionally and nationally, including mid-market businesses, construction & real estate, technology, healthcare, hospitality, and government, including Tribal Nations and enterprises. REDW also offers expanded services and expertise as an independent member of the BDO Alliance USA. We take pride in attracting top talent from across the country who see our firm and the Southwest as a place where they can grow both personally and professionally. For more information, visit redw.com, linkedin.com/company/redw, or twitter.com/redwllc.
