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SEC-registered adviser

R••••• W••••• M•••••••••

Independent wealth managerEvanston, IllinoisCRD 3215SEC 801-27061websiteIAPD
Legal name R••••• B••••••• A•• C••••••
Latest filing Feb 19, 2026
First filing on the tape Mar 30, 2012 · 39 filings
SEC status approved since May 23, 1986
RAUM
$1.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$1.4B individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$140M
derived; firm RAUM over IAPD count
Employees
16
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$1.5B as of Feb 19, 2026
May 9, 2012$853M then
HNW client RAUM$1.3B as of Feb 19, 2026
Mar 20, 2018$711M then
State-registered IARs (5.B.3)11 as of Feb 19, 2026
May 9, 20120 then
Employees (5.A)16 as of Feb 19, 2026
Jun 20, 201317 then
Private funds: no history
RAUM +11% over the last fiscal year+11% a year over threeIARs 11 to 11
Practice profile
derived from the filing of Feb 19, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$140MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
85derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$740,986derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
11.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Wrap fee program
$3.0BreportedItem 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
  • is a broker-dealer (6.A.1)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.3B82%
  • Individuals$185M12%
  • Charitable organizations$50.7M3.3%
  • Pension and profit-sharing plans$23.5M1.5%
  • Corporations and businesses$19.1M1.2%
Individual clients
456reported
HNW clients
478reported
Pension plan clients
13reported
Charitable clients
16reported
Accounts
2,078reported
Financial planning clients
26-50reported
Wrap fee programs
$1.5B sponsored, $1.5B managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=12.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••••• N••••• G••••••Naples, Fl Jun 25, 199841 y0
J••••• R••••••••• R•••••Certified Financial PlannerEvanston, IlJun 25, 199831 y0
R•••••• C••••••••• R•••••Bonita Springs, Fl Jun 25, 199862 y0
D•••••• L•••• C••••Evanston, IlMar 1, 200423 y0
S•••• M• M•••••Certified Financial PlannerEvanston, IlOct 21, 201327 y1
B•••• P•••••• L•••••Certified Financial PlannerEvanston, IlOct 29, 201323 y0
P•••• H••••••Evanston, IlSep 24, 201414 y1
E••• A••••• B•••••••Evanston, IlJun 15, 201634 y1
V•••••• R••••• L•••••Evanston, IlJul 1, 201610 y0
K••• R• M•••••Evanston, IlDec 11, 202311 y6
M•••• N••••••••Evanston, IlApr 29, 202413 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 headcount2 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • R•••••• J••••• R••••••••• · Presidentcontrol
    since 09/2002 · owns 50% to 75%
  • R•••••• R•••••• C••••••••• · Chairmancontrol
    since 10/2002 · owns 25% to 50%
  • B•••••••• E••• A••••• · Cfo/Cco
    since 08/2016 · owns less than 5%
  • G••••••• D•••••• N••••• · Vice President
    since 04/1990 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Evanston, Il · principal1100
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 Feb 19, 2026
    R•••••• R•••••• C••••••••• (CHAIRMAN) left Schedule A between the filings of 2016-10-17 and 2026-02-19
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Feb 19, 2026
    R•••••• J••••• R••••••••• (PRESIDENT) left Schedule A between the filings of 2016-10-17 and 2026-02-19
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 2,015 to 2,078
    Oct 28, 2025 to Feb 19, 2026
  • Advisory employees · 8 to 9
    Oct 28, 2025 to Feb 19, 2026
  • Corporate clients · 5 to 6
    Oct 28, 2025 to Feb 19, 2026
  • HNW clients · 461 to 478
    Oct 28, 2025 to Feb 19, 2026
  • Individual clients · 455 to 456
    Oct 28, 2025 to Feb 19, 2026
  • Pension plan clients · 12 to 13
    Oct 28, 2025 to Feb 19, 2026
  • Discretionary RAUM · $1.4B to $1.5B
    Oct 28, 2025 to Feb 19, 2026
  • HNW RAUM · $1.1B to $1.3B
    Oct 28, 2025 to Feb 19, 2026
  • Individual RAUM · $176M to $185M
    Oct 28, 2025 to Feb 19, 2026
  • Pension RAUM · $21.8M to $23.5M
    Oct 28, 2025 to Feb 19, 2026
  • RAUM · $1.4B to $1.5B
    Oct 28, 2025 to Feb 19, 2026
  • Wrap assets (manager) · $1.3B to $1.5B
    Oct 28, 2025 to Feb 19, 2026
  • Wrap assets (sponsor) · $1.3B to $1.5B
    Oct 28, 2025 to Feb 19, 2026
  • Accounts · 1,978 to 2,015
    Oct 25, 2024 to Jan 31, 2025
  • Advisory employees · 7 to 8
    Oct 25, 2024 to Jan 31, 2025
  • BD registered reps · 11 to 12
    Oct 25, 2024 to Jan 31, 2025
  • Charity clients · 17 to 16
    Oct 25, 2024 to Jan 31, 2025
  • Corporate clients · unset to 5.0
    Oct 25, 2024 to Jan 31, 2025
  • HNW clients · 444 to 461
    Oct 25, 2024 to Jan 31, 2025
  • Individual clients · 466 to 455
    Oct 25, 2024 to Jan 31, 2025
  • Pension plan clients · 16 to 12
    Oct 25, 2024 to Jan 31, 2025
  • Employees · 15 to 16
    Oct 25, 2024 to Jan 31, 2025
  • Financial planning clients · 26-50 to 26-50
    Oct 25, 2024 to Jan 31, 2025
  • State-registered IARs · 10 to 11
    Oct 25, 2024 to Jan 31, 2025
  • Discretionary RAUM · $1.2B to $1.4B
    Oct 25, 2024 to Jan 31, 2025
  • HNW RAUM · $979M to $1.1B
    Oct 25, 2024 to Jan 31, 2025
  • Individual RAUM · $172M to $176M
    Oct 25, 2024 to Jan 31, 2025
  • Pension RAUM · $19.1M to $21.8M
    Oct 25, 2024 to Jan 31, 2025
  • RAUM · $1.2B to $1.4B
    Oct 25, 2024 to Jan 31, 2025
  • Wrap assets (manager) · $1.2B to $1.3B
    Oct 25, 2024 to Jan 31, 2025
  • Wrap assets (sponsor) · $1.2B to $1.3B
    Oct 25, 2024 to Jan 31, 2025
  • Accounts · 1,889 to 1,978
    Aug 24, 2023 to Jan 24, 2024
  • Advisory employees · 10 to 7
    Aug 24, 2023 to Jan 24, 2024
  • BD registered reps · 13 to 11
    Aug 24, 2023 to Jan 24, 2024
  • Charity clients · 14 to 17
    Aug 24, 2023 to Jan 24, 2024
  • Corporate clients · 11.0 to unset
    Aug 24, 2023 to Jan 24, 2024
  • HNW clients · 432 to 444
    Aug 24, 2023 to Jan 24, 2024
  • Individual clients · 427 to 466
    Aug 24, 2023 to Jan 24, 2024
  • State-registered IARs · 12 to 10
    Aug 24, 2023 to Jan 24, 2024
  • Discretionary RAUM · $1.1B to $1.2B
    Aug 24, 2023 to Jan 24, 2024
Signals
4 dated events
  • N••••• K••••• K••••• left R••••• W••••• M••••••••• for E••••••••• C•••••• M••••••••• (registered 2023-10-02)
    Oct 3, 2023 · Advisor changed firm · fact
  • O•••• A•••• left R••••• W••••• M••••••••• for E••••••••• C•••••• M••••••••• (registered 2023-10-02)
    Oct 3, 2023 · Advisor changed firm · fact
  • 2 advisors left R••••• W••••• M••••••••• (Evanston, IL) for E••••••••• C•••••• M••••••••• on the same day
    Oct 3, 2023 · Team lift-out · derived
  • R••••• W••••• M••••••••• reported 13 state-registered advisory representatives, up from 1 (2017-03-16 to 2018-03-20)
    Mar 20, 2018 · Advisor headcount change · derived
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 email
i•••@r•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
847-866-7054reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
847-866-7700reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
LINKEDIN.COM/COMPANY/4811208reportedpublic record, Form ADV, Sep 21, 2026
Website
R•••••WEALTH.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
847-866-7700reportedpublic record, Form ADV, Feb 19, 2026
Contact form
r•••••••••.comreportedpublished by the firm, firm site, Sep 17, 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
$140Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026