Red Door Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, family office services, insurance, philanthropic planning, and tax planning. Financial planning was provided to 800 clients last fiscal year. The firm advises 8 private funds.
Red Door Wealth Management reports 955 clients. They include 501 individual clients, 428 high-net-worth individuals, and 19 pension and profit-sharing plans. Of its assets, 68.4% ($2.11B across 3,454 accounts) are managed with discretion; $975M across 1,017 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 6% |
| High-net-worth individuals | 45% | 87% |
| Pooled investment vehicles | <1% | 4% |
| Pension and profit-sharing plans | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 501 | $188M | 6.1% | $375K |
| High-net-worth individuals | 428 | $2.68B | 86.9% | $6.27M |
| Pooled investment vehicles | 7 | $133M | 4.3% | $18.9M |
| Pension and profit-sharing plans | 19 | $83.5M | 2.7% | $4.4M |
| Total | 955 | $3.09B | 100% | $3.23M |
- Clients
- 501
- Regulatory AUM
- $188M
- AUM share
- 6.1%
- Avg. per client
- $375K
- Clients
- 428
- Regulatory AUM
- $2.68B
- AUM share
- 86.9%
- Avg. per client
- $6.27M
- Clients
- 7
- Regulatory AUM
- $133M
- AUM share
- 4.3%
- Avg. per client
- $18.9M
- Clients
- 19
- Regulatory AUM
- $83.5M
- AUM share
- 2.7%
- Avg. per client
- $4.4M
Total
- Clients
- 955
- Regulatory AUM
- $3.09B
- AUM share
- 100%
- Avg. per client
- $3.23M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 8
- Financial planning clients last fiscal year
- 800
Red Door Wealth Management charges 0.50%–1.25% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.25% |
| $1M–$2M | 0.75% |
| $2M and above | 0.50% |
Fee details and sources
Other fees
- Family Office and Wealth Planning
- Fixed fees, negotiable, between $25,000 and $250,000 annually depending on the scope and complexity of the services, invoiced monthly.
- Financial Planning and Advisory Consulting
- Fixed fees, negotiable, generally between $1,000 and $20,000 annually depending on the scope and complexity of the services.
The leadership team of Red Door Wealth Management includes Chief Investment Officer John Phillips. It has 19 employees, 10 of them in advisory roles.
Leadership
- John PhillipsChief Investment Officer/Chief Compliance Officer
- Peyton KlawinskiMember
- Christopher WilliamsonMember
- William HiattMember
- Judson CannonMember
- Douglas WrightMember
- William AllenMember
- John GiovannettiMember
- Celeste PryorMember
- Allen BobangoMember
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- William Daniel Allen
- John Carter Giovannetti
- William Frederick Hiatt
- Peyton Welby Klawinski
- Connor Mykleby
- John Phillips V
- Celeste Diane Pryor
- Jonathan David Stambaugh
- Christopher C Williamson
- Connor Wright
Staff
- 19 employees
- 10 in advisory functions
- 10 state-registered reps
- 3 soliciting firms
- Owns 10% to 25% of Red Door Wealth Management, LLC
John Phillips
Control person · since June 2010
- Owns 10% to 25% of Red Door Wealth Management, LLC
William Hiatt
Control person · since June 2010
- Owns 10% to 25% of Red Door Wealth Management, LLC
Judson Cannon
Control person · since June 2010
- Owns 10% to 25% of Red Door Wealth Management, LLC
Douglas Wright
Control person · since June 2010
- Owns 10% to 25% of Red Door Wealth Management, LLC
William Allen
Control person · since June 2010
- Owns 10% to 25% of Red Door Wealth Management, LLC
John Giovannetti
Control person · since January 2021
- Owns 10% to 25% of Red Door Wealth Management, LLC
Celeste Pryor
Control person · since March 2026
- Owns 10% to 25% of Red Door Wealth Management, LLC
Allen Bobango
Control person · since March 2026
Red Door Wealth Management’s regulatory assets grew 3.7× from $824M (July 2021) to $3.09B (July 2026); clients rose from 454 to 955 and employees from 11 to 19.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $3.09B | 955 | 19 | 1 |
| July 2025 | $2.52B | 836 | 17 | 1 |
| July 2024 | $1.79B | 693 | 14 | 1 |
| July 2023 | $1.44B | 598 | 13 | 1 |
| February 2022 | $1.19B | 591 | 12 | 1 |
| July 2021 | $824M | 454 | 11 | 1 |
Besides its headquarters, Red Door Wealth Management has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 965 Ridge Lake BLVD, Suite 105, MemphisHQ
Contact and registration details
- Legal name
- Red Door Wealth Management, LLC
- Headquarters
- 965 Ridge Lake BLVD, Suite 105, Memphis, TN 38120
- Website
- reddoorwealth.com
- Phone
- 901-681-0018
- @red-door-wealth-management
- SEC file
- 801-79374
- Founded
- 2010
- Structure
- Delaware LLC
- Fiscal year end
- December
Red Door Wealth Management uses Charles Schwab ($2.04B) as custodian for its separately managed accounts. Red Door Wealth Management has custody of $133M in client assets for 7 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $2.04B100%
At year end, Red Door Wealth Management’s separately managed accounts were mostly in funds (61%) and stocks (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.1B across 320 positions; the largest are Schwab Strategic TR (5.2%), Nvidia Corporation (4.8%) and Apple Inc. (4.1%).
What the accounts hold
- Stocks17%
- Funds61%
- Registered funds33%
- Pooled vehicles28%
- Bonds17%
- U.S. government and agency bonds12%
- Investment grade corporate bonds4%
- State and local bonds1%
- Cash5%
Reported 13F holdings
- $1.1B
- Reported 13F value
- 320
- Positions
- 37.2%
- In the 10 largest
- +13.9%
- Value vs. prior quarter
- Schwab Strategic TR · US Lrg Cap ETF5.2%
- Nvidia Corporation4.8%
- Apple Inc.4.1%
- Dell Technologies Inc. · CL C4.1%
- Berkshire Hathaway Inc. Del · CL B New3.8%
- Alphabet Inc. · Cap Stk CL C3.7%
- 2023 ETF Series Trust · Eagl Cap Sel ETF3.5%
- Amazon Com Inc.2.9%
- JPMORGAN Chase & CO2.5%
- Microsoft Corp.2.5%
Together, the ten largest are 37.2% of reported value.
How many clients does Red Door Wealth Management have?
Red Door Wealth Management has 955 clients and manages $3.09 billion for them, as of July 2026. They include 501 individual clients, 428 high-net-worth individuals, and 19 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026
What services does Red Door Wealth Management offer?
Red Door Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, family office services, insurance, philanthropic planning, and tax planning.
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 Red Door Wealth Management charge?
Red Door Wealth Management charges 0.50%–1.25% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A, filed 31 July 2026
Which custodians does Red Door Wealth Management use?
Red Door Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $2.04B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026
How many financial advisors does Red Door Wealth Management have?
Red Door Wealth Management has 10 investment adviser representatives registered with state securities authorities, out of 19 employees, and 10 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 Red Door Wealth Management invest in?
At the end of its last fiscal year, Red Door Wealth Management’s separately managed accounts held 33% registered funds (mutual funds, ETFs, BDCs), 28% pooled vehicles (private funds and similar), 17% exchange-traded equities, 12% U.S. government and agency bonds, 5% cash and equivalents, 4% investment grade corporate bonds and 1% state and local bonds. It advises 8 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Red Door Wealth Management?
Red Door Wealth Management’s direct owners are John Phillips, William Hiatt, Judson Cannon, Douglas Wright, William Allen, John Giovannetti, Celeste Pryor and Allen Bobango, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 July 2026
How does Red Door Wealth Management get paid?
Red Door Wealth Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Red Door Wealth Management registered with the SEC?
Yes, Red Door Wealth Management has been registered with the SEC as an investment adviser since 31 March 2014. Its CRD number is 153235 and its SEC file number is 801-79374.
Source: Form ADV Part 1A, Item 1, filed 31 July 2026; IAPD firm record
How do I contact Red Door Wealth Management?
Red Door Wealth Management’s main office is at 965 Ridge Lake BLVD, Suite 105, Memphis, TN 38120. Its phone number is 901-681-0018. Its website is reddoorwealth.com.