Redmond Asset Management, LLC

RIASEC Registered
Total AUM
$537M
Discretionary
$508M
95% of AUM
Avg account
$738K
Accounts
728
Employees
6
Advisory reps
3

Firm details

Headquarters
Henrico, Virginia
CRD number
138706
Registered since
December 21, 2005
Custodians
CHARLES SCHWAB & CO., INC., PERSHING LLC, NATIONAL FINANCIAL SERVICES LLC, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
Fee structure
Percentage of AUM
Client types
  • HNWI69.7%
  • Individuals10.91%
  • Insurance Companies10.63%
  • Corporations / Businesses5.47%
  • Charitable Organizations2.74%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Redmond Asset Management, LLC is an independent registered investment adviser organized as an LLC and owned by an individual. The firm is SEC-registered (registration year 2005) and serves both individual/family and institutional clients on a percentage-of-assets fee model. Its advisory scope centers on financial planning and discretionary portfolio management for individuals, small businesses, and institutional entities. The firm reports an equity preference and does not present itself as an active ESG investor; it also indicates it is not a capital allocator or a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

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 70%, Cash & Cash Equivalents 12%, Public Funds/Mutual Funds 8%, State & Local Bonds 6%, US Government Bonds 2%, Investment Grade Corp Bonds 2%70%
  • Exchange Traded Equities70%
  • Cash & Cash Equivalents12%
  • Public Funds/Mutual Funds8%
  • State & Local Bonds6%
  • US Government Bonds2%

Owners & executives

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Contacts

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

ETF holdings

1 of 31

Active vs passive

$31.1M in ETFs

Passive

82%

$25.5M

Active

15%

$5.6M

ETFProviderStyleCategoryValueShares% of portfolio
JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI)JP MorganActiveDerivative Income$3.7M65,35011.82%

Location

Primary office

Henrico, VA

Henrico

Location

Henrico, VA

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

Region
South
County
Henrico
Address
410 N Ridge Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth