Rubicon Wealth Management, LLC (Bala Cynwyd)

Name: Rubicon Wealth Management, LLC
Address: 50 Monument Road, Bala Cynwyd, PA, 19004
Telephone: 610-668-4615

Rubicon Wealth Management, LLC is a large advisory firm based in Bala Cynwyd. It manages $172.67 million of regulatory assets for 488 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, New Jersey, New York, and Pennsylvania.

Rubicon Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and general consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rubicon Wealth Management: assets under management

The assets under management (AUM) of Rubicon Wealth Management, LLC is $172.67 million. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $145.68 million in discretionary accounts and $26.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $455.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $160.65 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 37% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rubicon Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Scott Jeffrey Mason serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Scott Jeffrey Mason is high net worth individuals with 78 clients and $153.17 million of assets under management. Among the 7 most similar advisory firms, Rubicon Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $172.67 million for 112 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Rubicon Wealth Management doesn't advise any private funds.

Careers at Rubicon Wealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Scott Jeffrey Mason has been acting as President since 1 Jul 2009. Rubicon Holdings Incorporated joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Jeffrey Mason	Managing member/president/chief compliance officer	1 Jul 2009	Other	1023965
Rubicon Holdings Incorporated	Owner	1 Jul 2009	75% - 100%	23-2828667
Jeffrey Allen Leber	Non-voting member/chief compliance officer	1 Jul 2009	Other	5497074

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Scott Jeffrey Mason	President	1 Mar 2004	75% - 100%	1023965

Based in Bala Cynwyd

The principal office where Rubicon Wealth Management, LLC performs its advisory services is located at 50 Monument Road, Bala Cynwyd, PA 19004, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-668-4615 or by fax 610-668-2890. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at rubiconwealth.com.