Tar River Wealth Planning, LLC

Tar River Wealth Planning, LLC is a registered investment adviser that manages about $401 million for a mix of individuals, high-net-worth clients, retirement plans, charitable organizations and corporations; the firm operates as a team of five advisors serving roughly 469 client relationships. Services described in the brochure include discretionary and non-discretionary portfolio management, financial planning and consulting, retirement-plan consulting, sub-advisory arrangements with intermediaries, and recommendations of certain insurance products.

The firm’s investment process emphasizes fundamental analysis and a committee-reviewed investment universe, with portfolio managers constructing client-specific asset allocations using equities, ETFs, bonds, structured products and other securities. Tar River provides ongoing monitoring, periodic client reports and education, and conducts regular reviews (including annual meetings) to assess asset allocation and progress toward client objectives.

Tar River’s operations include some features that are less common among similar team firms: it sponsors a wrap-fee program and provides the associated Wrap Fee Program Brochure to prospective participants, and it also serves as a discretionary sub-advisor to unaffiliated advisers. The brochure also notes operational distinctions such as the firm’s use of standing letters of authorization (resulting in custody of certain client accounts) and an explicit statement that it does not currently receive soft-dollar research arrangements, which can affect how services and execution are delivered compared with many peers.