Round Rock Advisors LLC (Wilton)

Name: Round Rock Advisors LLC
Address: 187 Danbury Road, Wilton, CT, 06897
Telephone: (203) 920-4774

Round Rock Advisors LLC is a large advisory firm based in Wilton. It manages $220.94 million of regulatory assets for 1,175 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.

Round Rock Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Round Rock Advisors: assets under management

The assets under management (AUM) of Round Rock Advisors LLC is $220.94 million. The firm's AUM has grown by 82% since the beginning of its operation, and $1.17 million of the total AUM is attributable to clients outside of the United States.

The firm manages $167.63 million in discretionary accounts and $53.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $197.21 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $164.04 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Round Rock Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Round Rock Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Round Rock Advisors is high net worth individuals with 68 clients and $144.39 million of assets under management. Among the 8 most similar advisory firms, Round Rock Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $220.94 million for 393 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Round Rock Advisors doesn't advise any private funds.

Careers at Round Rock Advisors LLC

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bert Thomas Bowler	Managing member, principal, chief compliance officer and private wealth advisor	1 Apr 2017	75% - 100%	2485212
Dixon Place Downey	Chief compliance officer and private wealth advisor	1 Apr 2017	Other	2817768

Based in Wilton

The principal office where Round Rock Advisors LLC performs its advisory services is located at 187 Danbury Road, Wilton, CT 06897, 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 (203) 920-4774 or by fax (203) 594-7766. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at roundrockadvisors.com/ and its LinkedIn profile.