River Street Advisors, LLC

RIASEC RegisteredEst. 2020
Total AUM
$539M
Discretionary
$521M
97% of AUM
Avg account
$499K
Accounts
1,081
Employees
12
Advisory reps
10

Firm details

Headquarters
Aurora, Illinois
CRD number
153537
Registered since
November 9, 2020
Website
www.oldsecond.com
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI69.09%
  • Individuals26.02%
  • Corporations / Businesses4.81%
  • Charitable Organizations0.08%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

River Street Advisors, LLC is an independent registered investment adviser formed in 2020 and organized as an LLC. The firm serves a mix of individuals, families and institutional clients and offers fee models that include a percentage-of-AUM fee and fixed-fee engagements. Core client-facing services are financial planning and discretionary portfolio management for individuals, small businesses and institutional/business clients. River Street reports it is not a capital allocator, is not an active ESG investor, and does not operate as a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 47%, Exchange Traded Equities 30%, Cash & Cash Equivalents 15%, US Government Bonds 3%, State & Local Bonds 2%, Other 2%, Investment Grade Corp Bonds 1%47%
  • Public Funds/Mutual Funds47%
  • Exchange Traded Equities30%
  • Cash & Cash Equivalents15%
  • US Government Bonds3%
  • State & Local Bonds2%

Owners & executives

2 of 2
  • Richard Gartelmann

    Richard Gartelmann

    Chief Executive OfficerCRD 2611847

  • Steven Meves

    Steven Meves

    Managing Director, Chief Investment OfficerCRD 4163213

Contacts

3 of 8
  • Bradley Johnson

    Bradley Johnson

    Senior Vice President, Portfolio ManagerCRD 5843131

  • Christopher Laporta

    Christopher Laporta

    SVP, Senior Wealth AdvisorCRD 7832278

  • Michael Cava

    Michael Cava

    Wealth ManagementCRD 1590094

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 72

Active vs passive

$143M in ETFs

Passive

69%

$98.8M

Active

3%

$44M

ETFProviderStyleCategoryValueShares% of portfolio
MFS ACTIVE INTERNATIONAL ETF (MFSI)MFS Investment Management$20.9M701,73914.61%
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Location

Primary office

Aurora, IL

Kane

Location

Aurora, IL

Headquartered in Aurora, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.

Metro area
Chicago-Naperville, IL-IN-WI
Region
Midwest
County
Kane
Address
37 S River St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth