Red Rock Capital Advisors, LLC logo

Red Rock Capital Advisors, LLC

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Total assets under management

$12,356,171

Total clients

18

33% high-net worth

Total advisors

1

of 1 employees

Firm size

Independent

1 advisor

Average clients per advisor

18

Average account size

$686,454

About

Red Rock Capital Advisors is a single-adviser registered investment adviser that works primarily with individual clients. The firm provides discretionary portfolio management, modular financial planning, and advisory consulting tailored to each client's needs.

The firm combines fundamental and technical analysis and uses both long- and short-term purchase strategies, occasionally employing short-term trading when deemed suitable for a client's objectives. Clients are required to custody assets at Charles Schwab and the firm uses Schwab’s cash vehicle for account cash management and participates in the Schwab Institutional Intelligent Portfolios platform for managed accounts.

Red Rock is a small, long-established advisory practice (in operation since 2002) that focuses solely on fee-based advisory services rather than commissionable products. The firm’s brochure discloses that its principal filed a personal Chapter 7 bankruptcy in 2019 related to a closed family business (discharged October 2, 2019), and the mandatory Schwab custody requirement is a notable operational distinction compared with some peers.

Client services

Financial planning Portfolio management General consulting services

Fee options

Percentage

$50,000 - $250,000: 1.35% $250,001 - $1,000,000: 1.10% $1,000,001+: 1.00%

Project-based

$125.00 per hour for financial planning and consulting services

Other

Account minimum: $50,000 Minimum fee: Minimum annual fee of $500.00; may range between $500.00 and $1,000.00 depending on engagement

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Main office location

Red Rock Capital Advisors, LLC

Hibbing MN, United States

Number of offices

1

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