Investment Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, and insurance. Financial planning was provided to 101–250 clients last fiscal year.
Investment Partners reports 938 clients. They include 705 individual clients, 185 high-net-worth individuals, and 33 corporations and other businesses. Of its assets, 98.7% ($881M across 1,807 accounts) are managed with discretion; $11.3M across 11 accounts are not. A wrap fee program the firm both sponsors and manages holds $264M. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 24% |
| High-net-worth individuals | 20% | 69% |
| Pension and profit-sharing plans | 1% | 1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 4% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 705 | $211M | 23.7% | $300K |
| High-net-worth individuals | 185 | $619M | 69.3% | $3.34M |
| Pension and profit-sharing plans | 12 | $13M | 1.5% | $1.08M |
| Charitable organizations | Fewer than 5 | $2.54M | 0.3% | $848K |
| Corporations and other businesses | 33 | $46.8M | 5.2% | $1.42M |
| Total | 938 | $892M | 100% | — |
- Clients
- 705
- Regulatory AUM
- $211M
- AUM share
- 23.7%
- Avg. per client
- $300K
- Clients
- 185
- Regulatory AUM
- $619M
- AUM share
- 69.3%
- Avg. per client
- $3.34M
- Clients
- 12
- Regulatory AUM
- $13M
- AUM share
- 1.5%
- Avg. per client
- $1.08M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.54M
- AUM share
- 0.3%
- Avg. per client
- $848K
- Clients
- 33
- Regulatory AUM
- $46.8M
- AUM share
- 5.2%
- Avg. per client
- $1.42M
Total
- Clients
- 938
- Regulatory AUM
- $892M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Investment Partners charges up to 1.50% a year for its Asset Management. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Planning Services
- Planning services are billed at $250.00 per hour, paid as services are provided; fees are negotiable and there is no minimum fee.
- PPS Select Program Fee
- An annual program fee in addition to the asset management fee, at most 0.25% on the first $250,000 ($35 minimum), 0.20% on the next $250,000, 0.15% on the next $500,000 and 0.10% above $1,000,000.
Rea Financial Services, LTD owns 75% or more of Investment Partners and is in turn owned by Rea & Associates (75% or more). The leadership team of Investment Partners includes President Douglas Bambeck. It has 20 employees, 11 of them in advisory roles.
Leadership
Douglas BambeckPresident- Douglas BambeckChief Compliance Officer
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
Staff
- 20 employees
- 11 in advisory functions
- 11 state-registered reps
- 9 broker-dealer reps
- 9 insurance agents
- Owns 75% or more of Investment Partners LTD
Rea Financial Services, LTD
Control person · since July 1998
- Owns 75% or more of Rea Financial Services, LTD
Rea & Associates
Control person · since May 1998
Investment Partners’ regulatory assets grew from $609M (May 2021) to $892M (May 2026); clients rose from 814 to 938 and employees from 19 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $892M | 938 | 20 | 8 |
| January 2025 | $807M | 918 | 19 | 5 |
| January 2024 | $646M | 938 | 20 | 5 |
| February 2023 | $580M | 904 | 19 | 5 |
| February 2022 | $696M | 888 | 21 | 5 |
| May 2021 | $609M | 814 | 19 | 5 |
Besides its headquarters, Investment Partners has 7 offices, with 8 listed addresses in Ohio.
Ohio · 8 listed addresses
- 419 W High Ave, New PhiladelphiaHQ
- 212 North Washington Street, Millersburg
- 5400 Frantz Road, Dublin
- 7201 Center Street, Mentor
- 6300 Rockside RD, Independence
- 1220 Moore Road, Avon
- 694 E Washington Street, Medina
- 230 North Market Street, Wooster
Other business names
Investment Partners has reported 1 other business name to the SEC.
- Rea Wealth Management
Contact and registration details
- Legal name
- Investment Partners LTD
- Headquarters
- 419 W High Ave, New Philadelphia, OH 44663
- Website
- reawealth.com
- Phone
- 330-308-9707
- @reawealth
- SEC file
- 801-55069
- Structure
- Ohio LLC
- Fiscal year end
- October
Investment Partners uses Fidelity ($892M) as custodian for its separately managed accounts. Investment Partners has custody of $203M in client assets for 132 clients.
- FidelityNational Financial Services LLC · Boston, MA · $892M100%
At year end, Investment Partners’ separately managed accounts were mostly in funds (73%) and stocks (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $320M across 167 positions; the largest are Vanguard Tax-managed Fds (6.5%), iShares TR (5.4%) and iShares TR (4.3%).
What the accounts hold
- Stocks14%
- Exchange-traded equities13%
- Non-exchange-traded equities1%
- Funds73%
- Cash13%
Reported 13F holdings
- $320M
- Reported 13F value
- 167
- Positions
- 34.7%
- In the 10 largest
- +13.8%
- Value vs. prior quarter
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt6.5%
- iShares TR · Rus 1000 Grw ETF5.4%
- iShares TR · Rus 1000 Val ETF4.3%
- Apple Inc.3.2%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF3.0%
- Nvidia Corporation2.9%
- Vanguard BD Index Fds · Short Trm Bond2.5%
- iShares TR · S&P 500 Grwt ETF2.4%
- Microsoft Corp.2.3%
- iShares TR · Ishs 1-5yr Invs2.2%
Together, the ten largest are 34.7% of reported value.
How many clients does Investment Partners have?
Investment Partners has 938 clients and manages $892 million for them, as of May 2026. They include 705 individual clients, 185 high-net-worth individuals, and 33 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 May 2026
What services does Investment Partners offer?
Investment Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Investment Partners charge?
Investment Partners charges up to 1.50% a year for its Asset Management. The fee is billed in advance and is negotiable.
Which custodians does Investment Partners use?
Investment Partners’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $892M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 May 2026
How many financial advisors does Investment Partners have?
Investment Partners has 11 investment adviser representatives registered with state securities authorities, out of 20 employees, and 11 perform investment advisory functions. 9 employees are registered representatives of a broker-dealer and 9 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Investment Partners invest in?
At the end of its last fiscal year, Investment Partners’ separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 13% cash and equivalents and 1% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Investment Partners?
Investment Partners is owned through a holding company by Rea & Associates. Its direct owner is Rea Financial Services, LTD (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 May 2026
How does Investment Partners get paid?
Investment Partners is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Investment Partners?
Investment Partners’ main office is at 419 W High Ave, New Philadelphia, OH 44663. Its phone number is 330-308-9707. Its website is reawealth.com.