BAY Rivers Group Wealth Partners

RIASEC RegisteredEst. 2017

Total AUM

$326M

Discretionary

$322M

99% of AUM

Avg account

$357K

Accounts

913

Employees

Advisory reps

Firm details

Headquarters: Williamsburg, Virginia
CRD number: 290095
Registered since: October 27, 2017
Website: www.bayriversgroup.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI72.49%
Individuals26.4%
Charitable Organizations0.93%
Corporations / Businesses0.17%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

BAY Rivers Group Wealth Partners is an independent registered investment adviser that entered SEC registration in 2017 and is owned by an individual. The firm serves both individual/family and institutional clients and operates as a capital allocator, meaning it deploys client capital both directly and by selecting external managers. Core advisory offerings include comprehensive financial planning and portfolio management for individuals, small businesses, larger business/institutional clients, and the selection of outside advisers to implement specialized strategies. Fee arrangements are flexible: the firm charges a percentage of assets under management and also offers hourly and fixed-fee engagements. BAY Rivers does not identify as an active ESG investor and, per available disclosures, does not present itself as a multi-state adviser.