RGT Wealth Advisors is a large financial advisor firm that's headquartered in Dallas, Texas. The firm currently holds a spot on SmartAsset's list of both the top financial advisors in Dallas and the top financial advisors in Texas. The firm is a fee-only advisor, which means all of its compensation comes from client-paid fees.
RGT Wealth Advisors provides a wide range of investment management, financial planning and family office services to its client base of both individuals and institutions. The firm manages billions in client assets as of this year, while employing a relatively large team of financial advisors. The firm also publishes a newsletter on its website to help keep clients up to date on happenings within the company and the various financial markets.
RGT Wealth Advisors Background
RGT Wealth Advisors was founded in 1985 and has been in business in Dallas ever since. Many of the firm's managing directors have an MBA degrees. The firm is principally owned by CI US Holdings, Inc. and RGT-CI Holdings, LLC.
In all, the firm's staff is comprised of chartered financial analysts (CFAs), certified financial planners (CFPs), certified public accountants (CPAs) and more.
RGT Wealth Advisors Client Types and Minimum Account Sizes
RGT Wealth Advisors works with both individual and institutional clients. However, the vast majority of the clients at the firm are high-net-worth individuals. Other clients include non-high-net-worth individuals, pooled investment vehicles, charities and businesses.
The firm has a minimum investment requirement of $3,000,000, which explains why so many of its clients are high-net-worth individuals. RGT may decide to waive this minimum at its sole discretion.
Services Offered by RGT Wealth Advisors
RGT Wealth Advisors looks to provide its clients with three main services: investment management, financial planning and family office services. According to its Form ADV, the firm follows these three principles:
- "To integrate financial planning with portfolio management"
- "To minimize conflicts and align with clients in a fee-only model"
- "To be independent of Wall Street firms in order to have a wide platform of potential investment solutions for our clients"
This firm provides its investment management services through managed accounts, separate account managers, private funds and growth capital funds. Financial planning services may entail advice on issues like cash flow planning, estate planning, retirement planning, tax planning and more.
RGT Wealth Advisors Investment Philosophy
The core tenet of RGT Wealth Advisors' investment philosophy is to tailor its services to the needs of its clients. Advisors work with clients to determine the characteristics of their financial situation, including their risk tolerance, financial objectives, time horizon, financial planning goals, investment restrictions and income needs.
RGT's advisors typically use mutual funds, exchange-traded funds (ETFs) and individual securities to populate client portfolios. They may use other investments where appropriate, though. The firm's investment committee approves a platform of recommended investments and strategies that are used for portfolio construction.
Fees Under RGT Wealth Advisors
RGT Wealth Advisors typically charges clients fees as a percentage of their total assets under management (AUM). Specific fees are determined based on the size and scope of their specific advisory agreement. Annual fee rates typically range from 0.25% to 1.00%.
Fees for financial planning services are also determined based on the size and scope of the advisory agreement. Divorce consulting services usually come with an hourly fee rate.
What to Watch Out For
RGT Wealth Advisors does not have any legal or regulatory disclosures listed on its latest SEC-filed Form ADV.
Opening an Account with RGT Wealth Advisors
Those interested in working with RGT Wealth Advisors should go to the firm's website, scroll down and click "Let's Talk." From there, you can submit an online contact form or call (214) 360-7000.
All information is accurate as of the writing of this article.
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