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Webster Street Investment Advisors LLC

Updated today

Client assets under management

$105,810,000

Clients

56

71% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

28

Low

Average account size

$1,889,464

About

Webster Street Investment Advisors provides discretionary investment management to individuals, high‑net‑worth clients, and pension and profit‑sharing plans, overseeing about $113.7 million in client assets across roughly 56 accounts. The firm delivers ongoing portfolio oversight and regular client contact under written advisory agreements.

Investment strategies are built around low‑cost, diversified mutual funds and ETFs, with the option to use individual stocks, bonds, or structured notes when a client’s plan calls for them; the firm applies fundamental analysis and a primarily long‑term orientation while allowing shorter‑term trades for rebalancing or specific client needs. Webster Street emphasizes customized asset allocation, portfolio construction and continuous monitoring tailored to each client’s goals and risk tolerance.

Distinctive aspects include a small, senior team with industry credentials (CFA and CFP/CFS designations) and a stated minimum relationship size of $500,000 (waivable), which—given the firm’s client count and AUM—suggests a concentration of larger accounts. The firm is also in the process of transitioning to SEC registration as assets have grown and maintains an institutional custody relationship that provides platform services to support its advisory operations.

Client services

Portfolio management

Expertise

Active portfolio management Tax-loss harvesting Wealth management

Fee options

Percentage

$0 - $2,000,000: 1.00% annually $2,000,001 - $5,000,000: 0.80% annually $5,000,001+: 0.75% annually

Other

Account minimum: $500,000 Fee-only: Investment management fees based on tiered schedule as detailed in fee_tiers

Main office location

Webster Street Investment Advisors LLC

Philadelphia PA, United States

Number of offices

1

Most active in

Louisiana · 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

Dave H

CFA®, Series 63, Series 65

Philadelphia, PA

Webster Street Investment Advisors LLC

Dave Huting is a CFA® charterholder with seven years of industry experience, currently serving as an advisor at Webster Street Investment Advisors LLC since 2018. Prior to this role, he worked for PNC Capital Markets, Inc. from 2001 to 2017. Webster Street Investment Advisors provides discretionary investment management to individuals, high-net-worth clients, and pension and profit-sharing plans, overseeing approximately $113.7 million in client assets. The firm focuses on customized asset allocation using low-cost, diversified mutual funds and ETFs, applying fundamental analysis with a primarily long-term orientation.

Active portfolio management Tax-loss harvesting Wealth management
user avatar

Mark R

CFP®, Series 65

Philadelphia, PA

Webster Street Investment Advisors LLC

Mark Rioboli is a CFP® and Series 65-licensed financial advisor with 21 years of industry experience. He is currently with Webster Street Investment Advisors LLC, where he has worked since 2025. Prior to that, he was with Modera Wealth Management, LLC for three years and Independence Advisors, LLC for eleven years. Webster Street Investment Advisors provides discretionary investment management to individuals, high-net-worth clients, and pension and profit-sharing plans. The firm focuses on customized asset allocation using low-cost, diversified mutual funds and ETFs, supplemented by individual securities as needed, with a primarily long-term investment approach and ongoing portfolio oversight.

Active portfolio management Tax-loss harvesting Wealth management
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