Riverpoint Wealth Management

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Client assets under management

$906,237,138

Clients

216

69% high-net worth

Advisors

of 6 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

Typical

Average account size

$4,195,542

About

Riverpoint Wealth Management is an independent asset management and financial planning firm that serves individuals (including high-net-worth clients), retirement plans, trusts, estates, charitable organizations, and business entities. Its services include proprietary discretionary asset management (offered both as a legacy wrap-fee program and on a non-wrap basis), recommendation and oversight of independent third‑party managers, held-away retirement account management through a service agreement with Pontera, Section 529 account management, financial planning, and 401(k) consulting.

The firm tailors portfolios and financial plans to each client’s goals, time horizon, and risk tolerance, using a mix of mutual funds, ETFs, individual equities and fixed income, options strategies, and private placements as appropriate, and employs quantitative optimization and third‑party research in its analysis. Accounts are monitored and rebalanced on an ongoing basis, clients are assigned a primary relationship manager with formal reviews at least twice a year, and the firm reports it may utilize leverage in limited circumstances (including via ETFs or separate account managers) as part of its investment implementation.

Riverpoint manages approximately $906.2 million on a fully discretionary basis with a four-advisor team, giving it an unusually high level of assets per advisor compared with many peers, and it acts as sponsor and manager of its own wrap-fee program while also recommending third‑party managers through platforms such as LPL and Charles Schwab. The firm’s operational mix includes held‑away account services via Pontera and a policy to refund transaction fees to clients in non-wrap comprehensive management accounts, intended to align client pricing across wrap and non-wrap services.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Options & derivatives strategies Social Security optimization General retirement planning College savings (529s, UTMA, etc.) Wealth management

Fee options

Fixed

Financial planning and consulting fees ranging from $2,000 to $50,000, negotiated and based on complexity.

Percentage

$0+: 1.35% annually (maximum advisory fee for Comprehensive Portfolio Management Service, negotiable) $0+: Up to 1% annually for Section 529 account management service (maximum, negotiable) $0+: Up to 1% annually for Asset Management for Held Away Accounts (maximum, negotiable)

Commissions

Advisory professionals may receive commissions for sale of insurance products.

Other

Account minimum: $250,000

Main office location

Riverpoint Wealth Management

200 South Wacker Drive, Suite 2330

Chicago IL 60606, United States

Number of offices

Most active in

California · Colorado · Florida · Illinois · Michigan · Texas · Wisconsin

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 312-239-1330

Advisors at this firm

Timothy M

CFP®, ChFC®, Series 63, Series 65

Chicago, IL

Riverpoint Wealth Management

Timothy Mcgrath is a financial advisor at Riverpoint Wealth Management in Chicago, IL, with 36 years of industry experience. He holds the CFP® and ChFC® designations and has previously worked at LPL Financial from 2007 to 2020. Since 2013, he has been with Riverpoint Wealth Management Holdings, LLC. Riverpoint Wealth Management serves individuals, high-net-worth clients, trusts, estates, retirement plans, and charitable and corporate entities, offering discretionary asset management, financial planning, and 401(k) consulting. The firm focuses on customized portfolio construction using quantitative optimization and an investment committee, managing approximately $748 million in discretionary assets with a small team.

Options & derivatives strategies Social Security optimization General retirement planning College savings (529s, UTMA, etc.) Wealth management

Kyle M

CFA®, Series 66

Chicago, IL

Riverpoint Wealth Management

Options & derivatives strategies Social Security optimization General retirement planning College savings (529s, UTMA, etc.) Wealth management

Noah S

Series 63, Series 65

Chicago, IL

Riverpoint Wealth Management

Noah Shidlofsky is a financial advisor at Riverpoint Wealth Management in Chicago, holding Series 63 and Series 65 licenses with two years of industry experience. His prior roles include positions at J.P. Morgan Securities LLC and Northwestern Mutual, as well as entrepreneurial experience with Cups & Cones. Riverpoint Wealth Management serves a diverse client base including individuals, high-net-worth clients, trusts, and retirement plans, offering customized portfolio construction and ongoing monitoring through quantitative analysis and an investment committee. The firm manages approximately $748 million in discretionary assets with a small team, sponsoring its own wrap fee program and providing operational support such as performance reporting and quarterly rebalancing.

Options & derivatives strategies Social Security optimization General retirement planning College savings (529s, UTMA, etc.) Wealth management

Paul M

CFA®, Series 66

Chicago, IL

Riverpoint Wealth Management

Paul Merrick is a CFA® charterholder with 20 years of industry experience. He has been with Riverpoint Wealth Management since 2013 and previously worked at LPL Financial LLC. Merrick holds a Series 66 license and is based in Chicago, IL. Riverpoint Wealth Management serves individuals, high-net-worth clients, trusts, estates, retirement plans, and charitable and corporate entities. The firm offers discretionary asset management, financial planning, and consulting services, emphasizing customized portfolio construction, quantitative analysis, and ongoing monitoring through an investment committee.

Options & derivatives strategies Social Security optimization General retirement planning College savings (529s, UTMA, etc.) Wealth management

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