River Wealth Management LLC logo

River Wealth Management LLC

Updated today

Client assets under management

$82,711,265

Clients

232

20% high-net worth

Advisors

2

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

116

Very High

Average account size

$356,514

About

River Wealth Management provides investment advisory and related planning services to a mix of clients including individual and high‑net‑worth households, retirement plans, charitable organizations, banks, corporations, insurance companies and pension/profit‑sharing plans. The firm offers discretionary and non‑discretionary asset management, 401(k)/retirement plan advisory, and standalone financial planning and consulting engagements.

Investment approaches are customized to client goals and may vary by advisor; the firm uses a range of methods (including fundamental, technical and cyclical analysis) and implements both long‑term and shorter‑term strategies with ongoing monitoring and rebalancing. River Wealth emphasizes tailored portfolios and permits clients to impose written investment restrictions, while it does not accept performance‑based fees or participate in wrap fee programs.

Notable distinctions include a two‑owner, two‑managing‑member structure with ownership split evenly between two entities and total assets under management reported at about $83 million as of year‑end 2024. The firm’s principals maintain insurance licenses and one principal also operates a financial‑services software business focused on estate and legacy planning, and the firm generally custodies assets through an institutional relationship with Charles Schwab and does not vote client proxies.

Client services

Financial planning Portfolio management Pension consulting

Expertise

General estate planning guidance Charitable giving & philanthropy Cash flow / budgeting

Fee options

Fixed

Financial planning services at flat rate as agreed upon in the Financial Planning contract

Percentage

$0 - $499,999.99: 1.50% $500,000 - $999,999.99: 1.25% $1,000,000 - $1,999,999.99: 1.00% $2,000,001 - $2,999,999.99: 0.80% Over $3,000,000+: 0.70%

Other

Minimum fee: Minimum fee for Financial Planning or Financial Consulting is $500.00 Fee-only: Flat rate financial planning fees as agreed upon in the Financial Planning contract; minimum $500

Main office location

River Wealth Management LLC

5054 Paramount Blvd.

Medina OH 44256, United States

Number of offices

2

Most active in

Ohio · Pennsylvania

Disclosures

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

Business activities & affiliations

Advisors at this firm

user avatar

Scott H

Series 66

Medina, OH

River Wealth Management LLC

Scott Huff is a financial advisor at River Wealth Management LLC with 24 years of industry experience. He holds a Series 66 designation and has worked at Arbor Point Advisors and Securities America, Inc. prior to joining River Wealth Management in 2020. Outside of his advisory role, he is the creator of YouRefolio, a planning software used by professional advisors, and has over two decades of experience in law enforcement. River Wealth Management serves individual and high-net-worth clients, charitable organizations, corporations, and retirement plans, offering portfolio management and financial planning services tailored to client risk profiles and time horizons. The firm employs a variety of investment analyses and may utilize third-party managers and discretionary rebalancing for clients who grant trading authority.

General estate planning guidance Charitable giving & philanthropy Cash flow / budgeting
user avatar

Timothy P

CFP®, Series 66

Medina, OH

River Wealth Management LLC

Timothy Plonski is a CFP® with 14 years of experience in the financial industry. He has worked at River Wealth Management LLC since 2020, following roles at Arbor Point Advisors and Securities America, Inc. Additionally, he is involved in insurance sales through JK Investment Group, where he solicits and sells disability, life, and long-term care insurance products. River Wealth Management serves individual and high-net-worth clients, as well as charitable organizations, corporations, and retirement plans, offering portfolio management and financial planning services tailored to client risk profiles and time horizons. The firm uses a combination of fundamental, technical, and cyclical analysis and manages approximately $83 million in assets across a two-advisor team.

General estate planning guidance Charitable giving & philanthropy Cash flow / budgeting
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