Robustwealth Inc. is a large advisory firm based in Lambertville. It manages $867.06 million of regulatory assets for 4,745 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Robustwealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and sub-advisor. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Robustwealth: assets under management
The assets under management (AUM) of Robustwealth Inc. is $867.06 million. The firm's AUM has grown by 144% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $41.45 million in discretionary accounts and $825.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.94 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $185.32 thousand.
Investments
The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.
