Riggs Asset Management Co Inc

RIASEC Registered

Total AUM

$640M

Discretionary

$629M

98% of AUM

Avg account

$693K

Accounts

924

Employees

Advisory reps

Firm details

Headquarters: Dallas, Pennsylvania
CRD number: 107233
Registered since: January 25, 1991
Website: riggsadvisors.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI81.16%
Individuals15.07%
Corporations / Businesses2.96%
Charitable Organizations0.82%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersPublication of Periodicals

Firm profile

FINTRX

Overview

Riggs Asset Management Co Inc is an independent, privately owned registered investment adviser that has been SEC-registered since 1991. The firm serves both individual and family clients as well as institutional and business accounts, operating as a capital allocator that combines discretionary portfolio management with financial planning and advisory services. Its fee model includes percentage-of-AUM billing along with hourly and fixed-fee arrangements. Core advisory activities cited in regulatory filings include portfolio management for individuals and small businesses, portfolio management for businesses or institutions, selection of other advisers, and the publication of periodicals or newsletters. The firm does not present itself as an active ESG investor.