D.B. ROOT & COMPANY, LLC

RIASEC RegisteredEst. 2015
Total AUM
$952M
Discretionary
$952M
100% of AUM
Avg account
$359K
Accounts
2,654
Employees
22
Advisory reps
17

Firm details

Headquarters
PITTSBURGH, Pennsylvania
CRD number
188512
Registered since
September 11, 2015
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, SEC-registered registered investment adviser organized as an LLC and operating since 2015. The firm serves both individuals and families as well as institutional clients, offering financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, and educational seminars. Its fee arrangements include percentage-of-AUM billing, fixed fees, and commission-based work. The firm reports not being an active ESG investor and does not identify as a capital allocator; it nonetheless deploys external managers for certain alternative strategies. D.B. Root & Company was recognized in 2020 by the Financial Times (Top 300 RIA Firms) and by Financial Advisor Magazine (Top RIA Firms).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 77%, Exchange Traded Equities 15%, Cash & Cash Equivalents 5%, US Government Bonds 2%77%
  • 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

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Contacts

3 of 12
  • NANCY KUNZ

    Associate DirectorCRD 1035821

  • ROBERT HOLLER

    Founder and Managing DirectorCRD 4401683

  • JESSE ROOT

    Research AnalystCRD 6207057

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 96

Active vs passive

$324M in ETFs

Passive

48%

$155M

Active

43%

$169M

ETFProviderStyleCategoryValueShares% of portfolio
JPMORGAN CORE PLUS BOND ETF (JCPB)JP MorganActiveIntermediate Core Plus Bond$72.5M1,540,52822.36%

Location

Primary office

PITTSBURGH, PA

ALLEGHENY

Location

PITTSBURGH, PA

Headquartered in PITTSBURGH, PA, anchoring the Pittsburgh-New Castle-Weirton, PA-OH-WV metro in the Northeast.

Metro area
Pittsburgh-New Castle-Weirton, PA-OH-WV
Region
Northeast
County
ALLEGHENY
Address
436 7th Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth