Reliant Wealth Planning, LLC (Louisville)


Reliant Wealth Planning, LLC is a large advisory firm based in Louisville. It manages $268.04 million of regulatory assets for 1,156 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alaska, California, Florida, and 19 other states.

Reliant Wealth Planning provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Reliant Wealth Planning: assets under management

The assets under management (AUM) of Reliant Wealth Planning, LLC is $268.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 112% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $268.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.87 thousand each.
Reliant Wealth Planning has custody of $22.15 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment and business development companies, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Reliant Wealth Planning, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Reliant Wealth Planning 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 Reliant Wealth Planning is high net worth individuals with 406 clients and $183.16 million of assets under management. Among the 9 most similar advisory firms, Reliant Wealth Planning has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $268.04 million for 1,156 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.

Reliant Wealth Planning doesn't advise any private funds.

Careers at Reliant Wealth Planning, LLC

The company employs 10 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 2 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
Andrew Craig Wels Cco 1 Dec 2016 Other 1970864
Shaun William Patrick Chelf Managing member 1 Jan 2017 50% - 75% 4168723
Laura Jean Clark Managing member 1 Jan 2017 50% - 75% 4270026
Tricia Fleege Ettin Cco 1 Jan 2017 Other 2266880
Laura J Clark Founding partner 1 Jan 2017 50% - 75% 4270026
Tricia Ann Fleege Cco 1 Jan 2017 Other 2266880

Based in Louisville

The principal office where Reliant Wealth Planning, LLC performs its advisory services is located at 301 Townepark Circle, Louisville, KY 40243, 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 502-398-5050 or by fax 502-398-5018. The normal business hours are 8am to 4:30pm on Monday - Friday. You can find more information about the New York firm at reliantwealthplanning.com.