RIGGS ASSET MANAGEMENT CO INC

RIASEC RegisteredEst. 1991
Total AUM
$640M
Discretionary
$629M
98% of AUM
Avg account
$693K
Accounts
924
Employees
8
Advisory reps
9

Firm details

Headquarters
DALLAS, Pennsylvania
CRD number
107233
Registered since
January 25, 1991
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI81.16%
  • Individuals15.07%
  • Corporations / Businesses2.96%
  • Charitable Organizations0.82%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersPublication of Periodicals

Firm profile

FINTRX

Overview

Riggs Asset Management Co Inc is an independent registered investment adviser operating as a corporation and controlled by an individual owner. The firm has been SEC-registered since 1991 and positions itself as a capital allocator for both high-net-worth individuals and institutional clients. Advisory services include financial planning, portfolio management for individuals, small businesses and institutions, the selection of outside advisers, and publication of investment periodicals or newsletters. Fee arrangements are flexible and include percentage-of-assets, hourly consulting, and fixed-fee engagements. The firm does not identify as an active ESG investor and is not described as a multi-state adviser.

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 80%, State & Local Bonds 9%, Cash & Cash Equivalents 5%, US Government Bonds 3%, Investment Grade Corp Bonds 2%, Public Funds/Mutual Funds 1%80%
  • Exchange Traded Equities80%
  • State & Local Bonds9%
  • Cash & Cash Equivalents5%
  • US Government Bonds3%
  • Investment Grade Corp Bonds2%

Owners & executives

3 of 3
  • ELIZABETH GRAHAM

    Chief Operating OfficerCRD 4347616

  • ROBERT GRAHAM

    Marketing CoordinatorCRD 1068010

  • SUSAN SHOEMAKER

    Chief Compliance OfficerCRD 1935374

Contacts

3 of 6
  • Robert Graham

    FounderCRD 6929095

  • ROBERT GRAHAM

    PresidentCRD 1994460

  • Dimitri Gnall

    Client Service RepresentativeCRD 7891428

Unlock 3 more contacts

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

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ETF holdings

1 of 70

Active vs passive

$313M in ETFs

Passive

96%

$302M

Active

3%

$11.6M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR GOLD TRUST (GLD)State StreetPassiveCommodities Focused$29M67,4839.27%

Location

Primary office

DALLAS, PA

LUZERNE

Location

DALLAS, PA

Headquartered in DALLAS, PA, in the Northeast of the United States.

Region
Northeast
County
LUZERNE
Address
The Grand Highlands Newberry Ests
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth