Matheson & Rock Wealth Management provides portfolio management for individuals and small businesses and pension consulting.
Matheson & Rock Wealth Management reports 428 clients. They include 265 individual clients, 160 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($530M across 1,070 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 62% | 28% |
| High-net-worth individuals | 37% | 63% |
| Banking or thrift institutions | <1% | 4% |
| Charitable organizations | <1% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 265 | $149M | 28.1% | $562K |
| High-net-worth individuals | 160 | $335M | 63.2% | $2.09M |
| Banking or thrift institutions | Fewer than 5 | $20M | 3.8% | $20M |
| Charitable organizations | Fewer than 5 | $26M | 4.9% | $13M |
| Total | 428 | $530M | 100% | — |
- Clients
- 265
- Regulatory AUM
- $149M
- AUM share
- 28.1%
- Avg. per client
- $562K
- Clients
- 160
- Regulatory AUM
- $335M
- AUM share
- 63.2%
- Avg. per client
- $2.09M
- Clients
- Fewer than 5
- Regulatory AUM
- $20M
- AUM share
- 3.8%
- Avg. per client
- $20M
- Clients
- Fewer than 5
- Regulatory AUM
- $26M
- AUM share
- 4.9%
- Avg. per client
- $13M
Total
- Clients
- 428
- Regulatory AUM
- $530M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Matheson & Rock Wealth Management charges 0.25%–1.00% a year for its Asset Management. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$750K | 0.75% |
| $750K–$2M | 0.50% |
| $2M–$5M | 0.40% |
| $5M–$7.5M | 0.35% |
| $7.5M–$10M | 0.30% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- ERISA Plan Services
- Annual fee on total plan assets follows the same tiered schedule, from 1.00% on the first $499,999 down to 0.25% over $10,000,000, and is negotiable.
- Variable Annuity Management
- Fees for variable annuity accounts are a percentage of assets under management and will not exceed 0.50%.
Michael Matheson owns 25% to 50% of Matheson & Rock Wealth Management. The leadership team of Matheson & Rock Wealth Management includes Chief Compliance Officer Judy Delvecchio. It has 3 employees.
Leadership
- Judy DelvecchioChief Compliance Officer/Member
- Michael MathesonMember/Investment Advisor Representative
- John RockMember/Investment Advisor Representative
- Dean RockOwner
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Luke Jennings
- Michael Allen Matheson
- John David Rock
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 25% to 50% of Matheson & Rock Wealth Management, LLC
Michael Matheson
Control person · since January 2022
- Owns 25% to 50% of Matheson & Rock Wealth Management, LLC
John Rock
Control person · since January 2022
- Owns 5% to 10% of Matheson & Rock Wealth Management, LLC
Judy Delvecchio
Control person · since January 2022
Matheson & Rock Wealth Management’s regulatory assets grew 3.1× from $170M (January 2021) to $530M (January 2026); clients rose from 205 to 428 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jan 2026January 2026 | $530M | 428 | 3 | 1 |
| Jan 2025January 2025 | $435M | 403 | 3 | 1 |
| Jan 2024January 2024 | $386M | 380 | 2 | 1 |
| Jan 2023January 2023 | $340M | 380 | 2 | 1 |
| Feb 2022February 2022 | $300M | 471 | 2 | 1 |
| Jan 2021January 2021 | $170M | 205 | 2 | 1 |
Besides its headquarters, Matheson & Rock Wealth Management has 0 offices, with 1 listed address in 1 state.
Iowa · 1 listed address
- 2322 E. Kimberly Road,, Suite 150n, DavenportHQ
Contact and registration details
- Legal name
- Matheson & Rock Wealth Management, LLC
- Headquarters
- 2322 E. Kimberly Road,, Suite 150n, Davenport, IA 52807
- Website
- Not reported
- Phone
- 800-682-3937
- SEC file
- 801-114867
- Founded
- 2017
- Structure
- Iowa LLC
- Fiscal year end
- December
Matheson & Rock Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($480M). Matheson & Rock Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $480M100%
At year end, Matheson & Rock Wealth Management’s separately managed accounts were mostly in funds (56%) and stocks (34%).
What the accounts hold
- Stocks34%
- Funds56%
- Bonds3%
- U.S. government and agency bonds2%
- State and local bonds1%
- Cash1%
- Other6%
- Variable annuities through nationwide6%
How many clients does Matheson & Rock Wealth Management have?
Matheson & Rock Wealth Management has 428 clients and manages $530 million for them, as of January 2026. They include 265 individual clients, 160 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 January 2026
What services does Matheson & Rock Wealth Management offer?
Matheson & Rock Wealth Management provides portfolio management for individuals and small businesses and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Matheson & Rock Wealth Management charge?
Matheson & Rock Wealth Management charges 0.25%–1.00% a year for its Asset Management. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Which custodians does Matheson & Rock Wealth Management use?
Matheson & Rock Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $480M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 January 2026
How many financial advisors does Matheson & Rock Wealth Management have?
Matheson & Rock Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Matheson & Rock Wealth Management invest in?
At the end of its last fiscal year, Matheson & Rock Wealth Management’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 34% exchange-traded equities, 6% other, 2% U.S. government and agency bonds, 1% state and local bonds and 1% cash and equivalents. The 6% other category is described as: Variable Annuities Through Nationwide.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Matheson & Rock Wealth Management?
Matheson & Rock Wealth Management’s direct owners are Michael Matheson, John Rock and Judy Delvecchio, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 8 January 2026
How does Matheson & Rock Wealth Management get paid?
Matheson & Rock Wealth Management is paid through a percentage of assets under management and other compensation. 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 Matheson & Rock Wealth Management?
Matheson & Rock Wealth Management’s main office is at 2322 E. Kimberly Road,, Suite 150n, Davenport, IA 52807. Its phone number is 800-682-3937.