Romano Wealth Management
Firm details
- Headquarters
- Evanston, Illinois
- CRD number
- 3215
- Registered since
- May 23, 1986
- Website
- romanowealth.com
- Custodians
- WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI81.92%
- Individuals12.02%
- Charitable Organizations3.29%
- Pension & Profit Sharing Plans1.53%
- Corporations / Businesses1.24%
- Services
- Financial PlanningPortfolio Management for Individuals
Firm profile
FINTRXOverview
Romano Wealth Management is an independent broker-dealer organized as a corporation and owned by an individual. The firm has been SEC-registered since 1986 and serves both individual and family clients as well as institutional relationships. Advisory services concentrate on financial planning and portfolio management for individuals and small businesses. Their fee model mixes percentage-of-AUM billing with fixed fees. Romano does not identify as a capital allocator, is not positioned as a multi-state adviser per its filing, and does not report being an active ESG investor. The firm appeared on FA Magazine’s Top RIA Firms list in 2020.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities45%
- Public Funds/Mutual Funds24%
- State & Local Bonds10%
- Non-Investment Grade Corp Bonds7%
- Cash & Cash Equivalents7%
Owners & executives
1 of 1
Eric Bederman
Chief Operating and Compliance OfficerCRD 2074318
Contacts
3 of 12
Joseph Romano
President & FounderCRD 2659164
Megan Naydenova
Portfolio ManagerCRD 6959353
Kyle Munson
Associate Portfolio ManagerCRD 7139013
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 96Active vs passive
$237M in ETFs
78%
$186M
5%
$51.2M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD 500 INDEX FUND (VOO) | Vanguard | Passive | Large Blend | $32.5M | 47,365 | 13.74% |
Location
Evanston, IL
Cook
Location
Evanston, IL
Headquartered in Evanston, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.
- Metro area
- Chicago-Naperville, IL-IN-WI
- Region
- Midwest
- County
- Cook
- Address
- 1560 Sherman Ave
- Time zone
- CT (UTC-6)
- Office locations
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