COLONIAL RIVER WEALTH MANAGEMENT LLC

RIASEC RegisteredEst. 2018
Total AUM
$464M
Discretionary
$464M
100% of AUM
Avg account
$258K
Accounts
1,799
Employees
21
Advisory reps
8

Firm details

Headquarters
MIDLOTHIAN, Virginia
CRD number
284839
Registered since
May 14, 2018
Custodians
LPL FINANCIAL LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI67.8%
  • Individuals32.12%
  • Charitable Organizations0.08%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Colonial River Wealth Management LLC is an independent, SEC-registered registered investment adviser organized as an LLC and operating since 2018. The firm serves primarily individual and family clients and functions as a capital allocator, providing financial planning, discretionary portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and selection of third-party advisers. Its fee schedule includes asset-based fees as well as hourly and fixed-fee arrangements. Colonial River is not positioned as an ESG investor and does not present itself as a multi-state or newly formed adviser; it also does not report pension consulting or related-adviser activities. An insurance company affiliation is noted among its industry ties.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 71%, Public Funds/Mutual Funds 19%, Cash & Cash Equivalents 5%, Other 3%, US Government Bonds 1%, Investment Grade Corp Bonds 1%71%
  • Exchange Traded Equities71%
  • Public Funds/Mutual Funds19%
  • Cash & Cash Equivalents5%
  • Other3%
  • US Government Bonds1%

Owners & executives

1 of 1
  • DEVIN GAROFALO

    Chief Executive OfficerCRD 4853435

Contacts

3 of 7
  • Brian Wotring

    Wealth AdvisorCRD 7048562

  • STEVEN PRESTYLY

    Registered PrincipalCRD 1674837

  • ALAN DAWKINS

    Wealth AdvisorCRD 3000130

Unlock 4 more contacts

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 100

Active vs passive

$146M in ETFs

Passive

66%

$96M

Active

34%

$50.3M

ETFProviderStyleCategoryValueShares% of portfolio
PUTNAM FOCUSED LARGE CAP VALUE ETF (PVAL)ActiveLarge Value$13.9M299,5009.50%

Location

Primary office

MIDLOTHIAN, VA

CHESTERFIELD

Location

MIDLOTHIAN, VA

Headquartered in MIDLOTHIAN, VA, in the South of the United States.

Region
South
County
CHESTERFIELD
Address
340 Browns Hill Ct
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth