DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Rsw Investments

Independent wealth managerSummit, New JerseyCRD 302023SEC 801-115302websiteIAPD
Legal name Rsw Investments Holdings, LLC
Latest filing Mar 5, 2026
First filing on the tape Apr 17, 2019 · 15 filings
SEC status approved since May 17, 2019
RAUM
$2.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$2.3B individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$1.1B
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$2.3B as of Mar 5, 2026
Mar 6, 2020$2.3B then
HNW client RAUM$2.0B as of Mar 5, 2026
Mar 6, 2020$1.9B then
State-registered IARs (5.B.3)2 as of Mar 5, 2026
Mar 6, 20202 then
Employees (5.A)10 as of Mar 5, 2026
Mar 6, 202010 then
Private funds: no history
RAUM -2.9% over the last fiscal year+2.4% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.1BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
706derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
5.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-2.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.2%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.0B88%
  • Individuals$276M12%
Individual clients
530reported
HNW clients
882reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,632reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $2.2B managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Robert Steven WaasSummit, NjMay 22, 201923 y1
Matthew Taylor WernerChartered Financial AnalystSummit, NjMay 28, 201921 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Lynn Rebecca Harris · Directorcontrol
        since 04/2022 · owns less than 5%
      • John Gregory Stumm · Directorcontrol
        since 05/2024 · owns less than 5%
      • Steven Robert Waas · Ceo/Cio/Directorcontrol
        since 01/2005 · owns 25% to 50%
      • Taylor Matthew Werner · Member/Directorcontrol
        since 02/2009 · owns 5% to 10%
      • Elaine Christina Sears · Chief Compliance Officer
        since 07/2019 · owns less than 5%
      Entity owners
      • Resolute Investment Managers, Inc. · Shareholder Officer
        direct · owns 50% to 75%
      • Resolute Acquisition, Inc. · Shareholder
        indirect · owns 75% or more of Resolute Investment Managers, Inc.
      • Resolute Topco, Inc. · Shareholder
        indirect · owns 75% or more of Resolute Acquisition, Inc.
      Related persons
      Schedule D 7.A
      Advisers that list Rsw Investments as a related person
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Summit, Nj · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • control person changedChange between filings · filing Mar 5, 2026
        WAAS, ROBERT, STEVEN (CEO/CIO/DIRECTOR) left Schedule A between the filings of 2024-05-07 and 2026-03-05
        peers: independent wealth managers, $1B to $5B (1,360)
      • control person changedChange between filings · filing Mar 5, 2026
        WERNER, MATTHEW, TAYLOR (MEMBER/DIRECTOR) left Schedule A between the filings of 2024-05-07 and 2026-03-05
        peers: independent wealth managers, $1B to $5B (1,360)
      What changed
      consecutive filings, newest first
      • Accounts · 1,692 to 1,632
        Feb 27, 2025 to Mar 5, 2026
      • HNW clients · 948 to 882
        Feb 27, 2025 to Mar 5, 2026
      • Individual clients · 574 to 530
        Feb 27, 2025 to Mar 5, 2026
      • Discretionary RAUM · $2.4B to $2.3B
        Feb 27, 2025 to Mar 5, 2026
      • HNW RAUM · $2.1B to $2.0B
        Feb 27, 2025 to Mar 5, 2026
      • Individual RAUM · $283M to $276M
        Feb 27, 2025 to Mar 5, 2026
      • RAUM · $2.4B to $2.3B
        Feb 27, 2025 to Mar 5, 2026
      • Wrap assets (manager) · $2.2B to $2.2B
        Feb 27, 2025 to Mar 5, 2026
      • Accounts · 1,715 to 1,692
        May 7, 2024 to Feb 27, 2025
      • HNW clients · 990 to 948
        May 7, 2024 to Feb 27, 2025
      • Individual clients · 464 to 574
        May 7, 2024 to Feb 27, 2025
      • Financial planning clients · unset to
        May 7, 2024 to Feb 27, 2025
      • Discretionary RAUM · $2.3B to $2.4B
        May 7, 2024 to Feb 27, 2025
      • HNW RAUM · $2.1B to $2.1B
        May 7, 2024 to Feb 27, 2025
      • Individual RAUM · $235M to $283M
        May 7, 2024 to Feb 27, 2025
      • RAUM · $2.3B to $2.4B
        May 7, 2024 to Feb 27, 2025
      • Wrap assets (manager) · $2.1B to $2.2B
        May 7, 2024 to Feb 27, 2025
      • Accounts · 1,634 to 1,715
        Mar 3, 2023 to Mar 5, 2024
      • HNW clients · 1,010 to 990
        Mar 3, 2023 to Mar 5, 2024
      • Individual clients · 340 to 464
        Mar 3, 2023 to Mar 5, 2024
      • Discretionary RAUM · $2.1B to $2.3B
        Mar 3, 2023 to Mar 5, 2024
      • HNW RAUM · $2.0B to $2.1B
        Mar 3, 2023 to Mar 5, 2024
      • Individual RAUM · $172M to $235M
        Mar 3, 2023 to Mar 5, 2024
      • RAUM · $2.1B to $2.3B
        Mar 3, 2023 to Mar 5, 2024
      • Wrap assets (manager) · $2.1B to $2.1B
        Mar 3, 2023 to Mar 5, 2024
      • HNW clients · 1,027 to 1,010
        Oct 3, 2022 to Mar 3, 2023
      • Individual clients · 315 to 340
        Oct 3, 2022 to Mar 3, 2023
      • Discretionary RAUM · $2.4B to $2.1B
        Oct 3, 2022 to Mar 3, 2023
      • HNW RAUM · $2.2B to $2.0B
        Oct 3, 2022 to Mar 3, 2023
      • Individual RAUM · $158M to $172M
        Oct 3, 2022 to Mar 3, 2023
      • RAUM · $2.4B to $2.1B
        Oct 3, 2022 to Mar 3, 2023
      • Wrap assets (manager) · $2.3B to $2.1B
        Oct 3, 2022 to Mar 3, 2023
      • Accounts · 1,607 to 1,634
        Mar 10, 2021 to Mar 3, 2022
      • HNW clients · 523 to 1,027
        Mar 10, 2021 to Mar 3, 2022
      • Individual clients · 798 to 315
        Mar 10, 2021 to Mar 3, 2022
      • Discretionary RAUM · $2.3B to $2.4B
        Mar 10, 2021 to Mar 3, 2022
      • HNW RAUM · $1.9B to $2.2B
        Mar 10, 2021 to Mar 3, 2022
      • Individual RAUM · $399M to $158M
        Mar 10, 2021 to Mar 3, 2022
      • RAUM · $2.3B to $2.4B
        Mar 10, 2021 to Mar 3, 2022
      • Wrap assets (manager) · $2.3B to $2.3B
        Mar 10, 2021 to Mar 3, 2022
      Signals
      6 dated events
      • Karl Jeffrey Ringdahl (Director) no longer on Schedule A of Rsw Investments (listed 2024-03-05, absent 2024-05-07)
        May 7, 2024 · Control person left · inference
      • John Gregory Stumm (Director) appeared on Schedule A of Rsw Investments
        May 7, 2024 · Control person joined · fact
      • Lynn Rebecca Harris (Director) appeared on Schedule A of Rsw Investments
        May 12, 2022 · Control person joined · fact
      • Louis Gene Needles (Director) no longer on Schedule A of Rsw Investments (listed 2022-03-03, absent 2022-05-12)
        May 12, 2022 · Control person left · inference
      • Rsw Investments reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Apr 17, 2019 · Succession (Item 4) · fact
      • Rsw Investments filed its initial SEC registration (Form ADV)
        Apr 17, 2019 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Business phone
      908-608-9600reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/rsw-investmentsreportedpublic record, Form ADV, Sep 17, 2026
      Website
      rswinvestments.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      908-273-4311reportedpublic record, Form ADV, Mar 5, 2026
      Contact form
      rswinvestments.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $1.1Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026