I’m excited to let you realize we might be coming again to D.C. subsequent month, November seventeenth and 18th.
Our relationship with the nation’s capital goes again to the earliest days of the agency. After we launched in 2013, I used to be writing a twice-monthly private finance column for the Washington Publish. DC was shut; it was at all times a enjoyable journey to fulfill individuals who wished to study a greater strategy to handle their investments.
RWM’s philosophy was constructed on three core premises: First, be a fiduciary to your shoppers, at all times placing their pursuits first. This sounds terribly apparent at the moment, however that was an outlier perception within the trade then. Second, create a monetary plan for shoppers, and match their portfolios to their objectives and danger tolerances. It’s not about beating the market; it’s about reaching monetary safety with the least quantity of angst. Final, preserve the shoppers knowledgeable about what issues—and clarify what doesn’t and why—to assist them higher handle their very own behaviors, particularly when volatility will increase and markets endure their all-too-regular spasms.
That was true within the early 2010s, and it stays simply as true at the moment.
Our greatest change at the moment is the organizational alpha we’ve got created round these core ideas. We’ve got gone far past asset administration; we added Tax Planning, Property Planning, Insurance coverage Companies, Company Retirement, Household Workplace Companies, and Institutional Investing. None of those companies had been a part of the unique plan, all of them took place in response to demand from shoppers.
After we first began going to D.C., the agency had 7 workers and fewer than 100 million {dollars}. Right now, there are 80 of us, and our belongings beneath administration are $6.4 billion (as of June 30, 2025)
I might be internet hosting a stay Masters in Enterprise interview with Samantha McLemore of Affected person Capital. She is the protégé of famed investor Invoice Miller. In case you are keen on studying what we do, or talking with an advisor, or attending the taping, e mail us at information@ritholtzwealth.com (topic line “DC”) to arrange a time to speak to us about your state of affairs.
Wanting ahead to seeing you in DC.
