Riverbend Capital Advisors, LLC

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Client assets under management

$964,822,724

Clients

211

100% high-net worth

Advisors

of 5 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

Typical

Average account size

$4,572,620

About

Riverbend Capital Advisors provides discretionary investment management and subadvisory services primarily to high‑net‑worth individuals, trusts, estates and certain business entities, with an emphasis on municipal bonds and fixed‑income securities. The firm also offers financial consulting on an as‑needed basis but states explicitly that it does not provide financial planning services.

The firm’s investment process combines fundamental and technical analysis to tailor portfolios to each client’s time horizon and risk profile, typically favoring longer‑term positions while allowing for shorter‑term trades when appropriate. Riverbend accepts discretionary authority for managed accounts and conducts ongoing monitoring with formal reviews at least annually.

The brochure shows Riverbend manages nearly $965 million on a discretionary basis while operating with a small advisory team, producing a high AUM‑per‑advisor profile compared with peers. It also discloses referral arrangements with third‑party promoters who are paid a percentage of advisory fees and must provide written disclosure of conflicts to referred clients, and the firm’s narrow municipal/fixed‑income focus combined with its limited financial planning offering distinguishes it from many team firms.

Client services

Portfolio management Portfolio consulting

Fee options

Percentage

$0 - $5,000,000: 0.250% $5,000,001 - $10,000,000: 0.225% $10,000,001 - $25,000,000: 0.200% $25,000,001+: 0.150%

Other

Account minimum: $250,000 Fee-only: Annual fees based on percentage of assets under management as per fee tiers, negotiable

Main office location

Riverbend Capital Advisors, LLC

191 N. Wacker Drive, Suite 875

Chicago IL 60606, United States

Number of offices

Most active in

Illinois

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Website 312-948-5100

Advisors at this firm

Timothy M

CFA®

Chicago, IL

Riverbend Capital Advisors, LLC

Timothy Mc Gregor is a CFA® charterholder with 18 years of industry experience, currently serving as an advisor at Riverbend Capital Advisors, LLC since 2024. Prior to joining Riverbend, he worked at Northern Trust from 2005 to 2023. Riverbend Capital Advisors specializes in investment management, subadvisory, and financial consulting services primarily for high-net-worth individuals, trusts, estates, charitable organizations, and business entities. The firm focuses on municipal bonds and other fixed-income securities, using a mix of fundamental and technical analysis to tailor discretionary portfolios.

Thomas H

Series 63, Series 65

Chicago, IL

Riverbend Capital Advisors, LLC

Thomas Hession Jr. is a financial advisor at Riverbend Capital Advisors, LLC in Chicago, Illinois, holding Series 63 and Series 65 licenses with 31 years of industry experience. He has been with Riverbend Capital Advisors since 2011. Riverbend Capital Advisors provides investment management, subadvisory, and financial consulting services primarily to high-net-worth individuals, trusts, estates, charitable organizations, and business entities. The firm focuses on municipal bonds and other fixed-income securities, managing over $820 million in discretionary assets with a team of three advisors.

Charles R

Series 65

Chicago, IL

Riverbend Capital Advisors, LLC

Charles Raftery is a financial advisor at Riverbend Capital Advisors, LLC in Chicago, holding a Series 65 license with two years of industry experience. Prior to joining Riverbend in 2023, he worked at the University of Santa Clara and Tacklebox Brand Partners. Riverbend Capital Advisors provides investment management, subadvisory, and financial consulting services primarily to high-net-worth individuals, trusts, estates, charitable organizations, and business entities, focusing on municipal bonds and other fixed-income securities. The firm employs a combination of fundamental and technical analysis for discretionary portfolio management and manages over $820 million in assets.

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