Riverwater Partners LLC

RIASEC Registered
Total AUM
$661M
Discretionary
$434M
66% of AUM
Avg account
$1.2M
Accounts
548
Employees
11
Advisory reps
9

Firm details

Headquarters
Milwaukee, Wisconsin
CRD number
283540
Registered since
November 14, 2019
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges
Client types
  • HNWI69.99%
  • Other Investment Advisers15.74%
  • Charitable Organizations11.61%
  • Individuals2.58%
  • Corporations / Businesses0.07%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Riverwater Partners LLC is an independent, owner-controlled registered investment adviser that has been SEC-registered since 2019. The firm serves both individuals and families as well as institutional clients, providing financial planning and portfolio management for individuals, small businesses, and institutions. Its pricing combines AUM-based fees with hourly billing. Riverwater does not present itself as an active ESG investor and is not positioned as a capital allocator to direct private deals.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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

Asset composition: Public Funds/Mutual Funds 50%, Exchange Traded Equities 33%, State & Local Bonds 7%, Private Funds 6%, Cash & Cash Equivalents 3%50%
  • Public Funds/Mutual Funds50%
  • Exchange Traded Equities33%
  • State & Local Bonds7%
  • Private Funds6%
  • Cash & Cash Equivalents3%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 28

Active vs passive

$99.5M in ETFs

Passive

52%

$52.1M

Active

38%

$47.4M

ETFProviderStyleCategoryValueShares% of portfolio
CONVERGENCE LONG/SHORT EQUITY ETF (CLSE)ActiveLong Short Equity$17.2M506,99517.33%

Location

Primary office

Milwaukee, WI

Milwaukee

Location

Milwaukee, WI

Headquartered in Milwaukee, WI, anchoring the Milwaukee-Racine-Waukesha, WI metro in the Midwest.

Metro area
Milwaukee-Racine-Waukesha, WI
Region
Midwest
County
Milwaukee
Address
1433 N Water St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth