RED DOOR WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2014

Total AUM

$3.1B

Discretionary

$2.1B

68% of AUM

Avg account

$690K

Accounts

4,471

Employees

Advisory reps

Firm details

Headquarters: MEMPHIS, Tennessee
CRD number: 153235
Registered since: March 31, 2014
Website: reddoorwealth.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI86.9%
Individuals6.09%
Pooled Investment Vehicles4.3%
Pension & Profit Sharing Plans2.71%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Red Door Wealth Management, LLC is an independent registered investment adviser that began SEC registration in 2014. The firm operates as an LLC owned by an individual and positions itself as a capital allocator for both high-net-worth individuals/families and institutional clients. Its advisory menu includes financial planning, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. Fee arrangements are mixed: percentage-of-AUM pricing sits alongside fixed fees and performance-based fee structures that align with alternative and pooled-vehicle strategies the firm sponsors or manages. Red Door does not present itself as an active ESG investor and is not structured as a multi-state adviser in the snapshot provided. The firm has served as a sponsor, general partner, or managing member of pooled investment vehicles. An industry mention: Red Door appeared on FA Magazine’s Top RIA Firms list in 2020.