Riverpath Investments LLC (El Dorado Hills)

Riverpath Investments LLC is a large advisory firm based in El Dorado Hills. It manages $175.4 million of regulatory assets for 208 client accounts. It has been registered with the SEC as an adviser since 2019.

Riverpath Investments provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Riverpath Investments: assets under management

The assets under management (AUM) of Riverpath Investments LLC is $175.4 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $4.2 million in discretionary accounts and $171.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $123.53 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $983.91 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in other assets form 30% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Riverpath Investments LLC for their services and products based on a percentage of assets under management. 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 Riverpath Investments serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Riverpath Investments is high net worth individuals with 46 clients and $73.1 million of assets under management. Among the 6 most similar advisory firms, Riverpath Investments has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $175.4 million for 208 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.

Riverpath Investments doesn't advise any private funds.

Careers at Riverpath Investments LLC

The company employs 1 person that is either a part- or full-time employee. 100 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 are 3 people 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
Daniel Jay Weiler	Managing member, chief compliance officer	1 Mar 2015	75% - 100%	2315966

Based in El Dorado Hills

The principal office where Riverpath Investments LLC performs its advisory services is located at 2004 Powfoot Way, El Dorado Hills, CA 95762 The mailing address of the firm is 1024 Iron Point Road, Folsom, CA 95630. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 916-467-9290 or by fax 888-506-7786. The normal business hours are 9am - 5pm on Monday - Friday.