D.B. Root & Company, LLC

RIASEC RegisteredEst. 2015

Total AUM

$952M

Discretionary

$952M

100% of AUM

Avg account

$359K

Accounts

2,654

Employees

Advisory reps

Firm details

Headquarters: Pittsburgh, Pennsylvania
CRD number: 188512
Registered since: September 11, 2015
Website: www.dbroot.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Commissions
Client types: HNWI48%
Individuals41.54%
Corporations / Businesses6.07%
Pension & Profit Sharing Plans3.56%
Charitable Organizations0.82%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

D.B. Root & Company, LLC is an independent registered investment adviser organized as a limited liability company and SEC-registered since 2015. The firm serves both individual and family clients as well as institutional and business clients. Its fee arrangements include percentage-of-AUM billing, fixed fees and commission-based work. Reported advisory services cover financial planning, portfolio management for individuals, small businesses and institutions, pension consulting and educational seminars/workshops. The firm is not classified as an active ESG investor and is listed as a non–multi-state adviser in the snapshot data. The firm received recognition on industry lists in 2020, appearing among the Financial Times’ Top 300 RIA Firms and on FA Magazine’s Top RIA Firms list that same year.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Public Funds/Mutual Funds77%
Exchange Traded Equities15%
Cash & Cash Equivalents5%
US Government Bonds2%

Owners & executives

3 of 5

Richard Chen
Partner, Chief Compliance Officer & General CounselCRD 7292162
Michael Aroesty
Chief Operating Officer, Investment Advisor RepresentativeCRD 5692113
David Root
Founder & CEOCRD 1270361