WEALTH MANAGEMENT RESOURCES, INC.

RIASEC RegisteredEst. 2000

Total AUM

$385M

Discretionary

$364M

95% of AUM

Avg account

$255K

Accounts

1,508

Employees

Advisory reps

Firm details

Headquarters: SMITHFIELD, Rhode Island
CRD number: 45452
Registered since: February 18, 2000
Website: wealthmanagers.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
Client types: Individuals50.07%
HNWI41.82%
Pension & Profit Sharing Plans6.77%
Charitable Organizations0.83%
Corporations / Businesses0.52%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Wealth Management Resources, Inc. is an independent, privately owned registered investment adviser formed and SEC-registered in 2000. The firm serves both individual and family clients as well as institutional clients, offering financial planning, portfolio management for individuals/small businesses and for businesses/institutions, and educational seminars. It also operates as a registered representative of a broker-dealer and as an insurance broker, and charges for services through a mix of percentage-of-AUM fees, hourly and fixed fees, and commissions. Investment practice is centered on traditional public funds and mutual funds rather than ESG-focused strategies; the firm is not identified as an active ESG investor. It does not present itself as a multi-state adviser or a capital allocator to direct private managers.