RWM Asset Management, LLC

The firm provides discretionary portfolio management and financial planning primarily to individual and high‑net‑worth clients, managing roughly $30.5 million for about 200 client accounts with a small advisory team. Services include tailored portfolio management, access to model portfolios through a third‑party model marketplace, and complimentary financial planning for clients with managed accounts.

Investment implementation is discretionary and draws on a mix of approaches — including fundamental and cyclical analysis, modern portfolio theory, and both long‑ and short‑term strategies — and the firm may use custom or third‑party model portfolios and tax‑management tools to help execute those strategies. Custody and trade execution are performed through an institutional custodial platform the firm uses to access model portfolios and execute client trades.

What distinguishes the firm from many peers is its close affiliation with an accounting practice under common ownership and the fact that several advisory staff also provide tax and accounting services through that affiliated firm, a relationship the brochure discloses and that can create potential conflicts of interest when accounting services are recommended. The firm also disclosed a 2019 regulatory consent order related to leveraged exchange‑traded products and states it no longer invests client assets in inverse/leveraged ETPs without appropriate compliance procedures.