The independent wealth management firm formerly known as Adviser Investments has rebranded itself as RWA Wealth Partners. This rebranding follows its most recent merger with Ropes Wealth Advisors earlier this year and also heralds an expansion of the firm’s service offering.
The firm will continue to focus on serving the needs of high net worth and ultra-high net worth individuals and families, providing clients with a one-stop, high-touch service experience that addresses all key aspects of their financial lives, including tax, estate and family office services, according to its announcement.
“Our new brand reflects our deep commitment to integrated client service and to providing a comprehensive, coordinated experience delivered with the highest standards of care,” said Mario Ramos, CEO of the rebranded firm. “The RWA Wealth Partners team is focused on being the only wealth advisor our clients need.”
Ramos was named WSR’s Hispanic CEO of the Year, as part of its Pathfinder Awards that celebrate National Hispanic Heritage Month. He noted at the time that the changing nature of client engagements and robust regulatory action are driving demand for more robust wealth management services.
“Clients are more sophisticated and educated, with higher expectations,” Ramos told WSR in October. “The increased regulatory environment serves us well. Investors need to be confident that their financial well-being is in the hands of professionals who are held to very high standards.”
Through an exclusive relationship with Hall & Diana, a law firm founded by two attorneys with extensive experience working with members of the RWA Wealth Partners team, clients have access to broad trust and estate legal services. RWA Wealth Partners also provides tax services – including preparation, planning and strategies that integrate into clients’ financial and estate plans – through RWA Tax Solutions, a wholly-owned subsidiary.
“We believe high-net-worth and ultra-high-net-worth individuals are increasingly seeking service providers who can address their wealth management, tax and estate needs comprehensively,” added Michelle Knight, President of the firm’s Ropes Wealth Advisors division. “The RWA Wealth Partners platform is incredibly well positioned to benefit from this trend, providing clients with a broad suite of solutions, alleviating the need to manage multiple relationships or stitch together services themselves.”
Positioned For Growth
With nearly 200 employees, RWA Wealth Partners has more than $15 billion in total client assets under management and assets under advisement as of September 30, 2023, of which approximately $14.7 billion is regulatory assets under management. The firm intends to leverage “the rich heritage and shared values of its predecessor firms” and the enhanced capabilities of its expanded organization to serve its client base.
Ramos told WSR that the firm intends to continue to foster expansion through strategic M&A as well as through targeted organic growth.
“On the M&A front, we seek firms that align with our mission to enhance client services and expand our reach, while also sharing our culture and values,” Ramos said in an interview. “Simultaneously, we’re dedicated to providing a superior client experience and a comprehensive service portfolio, knowing that organic growth naturally follows when we excel in these areas. We will actively seek advisors and teams with a growth mindset, especially those who understand and are committed to serving the diverse and sophisticated needs of clients at every stage.”
Michael Madden, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at mmadden@wealthsolutionsreport.com.
