REDW Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
REDW Wealth reports 403 clients. They include 263 individual clients, 107 high-net-worth individuals, and 23 pension and profit-sharing plans. Of its assets, 94.4% ($821M across 891 accounts) are managed with discretion; $48.6M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 12% |
| High-net-worth individuals | 27% | 37% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 6% | 45% |
| Charitable organizations | 2% | 3% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 263 | $103M | 11.9% | $392K |
| High-net-worth individuals | 107 | $319M | 36.7% | $2.98M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | 23 | $393M | 45.2% | $17.1M |
| Charitable organizations | 7 | $24.7M | 2.8% | $3.53M |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $29.5M | 3.4% | $9.85M |
| Total | 403 | $869M | 100% | — |
- Clients
- 263
- Regulatory AUM
- $103M
- AUM share
- 11.9%
- Avg. per client
- $392K
- Clients
- 107
- Regulatory AUM
- $319M
- AUM share
- 36.7%
- Avg. per client
- $2.98M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 23
- Regulatory AUM
- $393M
- AUM share
- 45.2%
- Avg. per client
- $17.1M
- Clients
- 7
- Regulatory AUM
- $24.7M
- AUM share
- 2.8%
- Avg. per client
- $3.53M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $29.5M
- AUM share
- 3.4%
- Avg. per client
- $9.85M
Total
- Clients
- 403
- Regulatory AUM
- $869M
- 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
- Financial planning clients last fiscal year
- 51–100
REDW Wealth is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
The leadership team of REDW Wealth includes Chief Compliance Officer James Karberg. It has 15 employees, 9 of them in advisory roles.
Leadership
- James KarbergChief Compliance Officer
- Wesley BenallyPrincipal
- Christopher BitakisPrincipal
- Jessica BundyPrincipal
- Steven CoganManaging Principal
- Brian FoltynPrincipal
- Jamie FridleyPrincipal
- Tom FriendPrincipal
- Anthony GerlachPrincipal
- Akm KamalPrincipal
- Jeffrey LargayPrincipal
- James MontoyaPrincipal
- James OrtizPrincipal
- Christopher TyhurstPrincipal
- Dean WillinghamPrincipal
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- Scott Andrew Birmingham
- Lucas Clark
- Bryan Robert Giron
- Jude Vincent Gleason
- James Robert Karberg
- Dorine Beverly Sanchez
- Roman A. Sandoval
- Seth Aaron Sas
Staff
- 15 employees
- 9 in advisory functions
- 8 state-registered reps
- Owns 10% to 25% of Redw Wealth LLC
Steven Cogan
Control person · since October 1999
- Owns 5% to 10% of Redw Wealth LLC
James Montoya
since January 2008
- Owns 5% to 10% of Redw Wealth LLC
Christopher Tyhurst
since January 2008
- Owns 5% to 10% of Redw Wealth LLC
Tom Friend
since November 2012
- Owns 5% to 10% of Redw Wealth LLC
Dean Willingham
since January 2018
- Owns 5% to 10% of Redw Wealth LLC
Akm Kamal
since January 2018
- Owns 5% to 10% of Redw Wealth LLC
Anthony Gerlach
since January 2021
- Owns 5% to 10% of Redw Wealth LLC
Jessica Bundy
since January 2022
- Owns 5% to 10% of Redw Wealth LLC
Jamie Fridley
since January 2022
- Owns 5% to 10% of Redw Wealth LLC
James Ortiz
since January 2023
- Owns 5% to 10% of Redw Wealth LLC
Jeffrey Largay
since January 2023
- Owns 5% to 10% of Redw Wealth LLC
Brian Foltyn
since January 2024
REDW Wealth’s regulatory assets grew from $823M (July 2021) to $869M (July 2026); clients rose from 359 to 403 and employees from 13 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $869M | 403 | 15 | 5 |
| June 2025 | $881M | 429 | 14 | 5 |
| July 2024 | $1B | 433 | 17 | 3 |
| July 2023 | $896M | 433 | 14 | 3 |
| July 2022 | $955M | 392 | 13 | 2 |
| July 2021 | $823M | 359 | 13 | 3 |
Besides its headquarters, REDW Wealth has 4 offices (2 private residences, listed without an address), with 3 listed addresses in Arizona, New Mexico and Oregon.
Arizona · 1 listed address
- 5353 N. 16th St. Suite 200, Phoenix
New Mexico · 1 listed address
- 8801 Horizon BLVD Ne, Suite 401, AlbuquerqueHQ
Oregon · 1 listed address
- 475 Cottage Street Ne, Suite 200, Salem
Other business names
REDW Wealth has reported 2 other business names to the SEC.
- Redw Wealth
- Redw Wealth Management
Contact and registration details
- Legal name
- Redw Wealth LLC
- Headquarters
- 8801 Horizon BLVD Ne, Suite 401, Albuquerque, NM 87113
- Website
- redw.com
- Phone
- 505-998-3200
- @redw-wealth-llc
- SEC file
- 801-57516
- Structure
- New Mexico LLC
- Fiscal year end
- December
REDW Wealth uses Charles Schwab ($477M, 59%), Voya ($175M, 22%) and Charles Schwab ($150M, 19%) as custodians for its separately managed accounts. REDW Wealth has custody of $2.29M in client assets for 1 client.
- Charles SchwabCharles Schwab · Lone Tree, CO · $477M59%
- Charles SchwabCharles Schwab · Lone Tree, CO · $150M19%
- VoyaVoya · Windsor, CT · $175M22%
At year end, REDW Wealth’s separately managed accounts were mostly in funds (82%). Its reported 13F holdings for the quarter ended 30 June 2026 total $279M across 104 positions; the largest are Vanguard Index Fds (8.7%), J P Morgan Exchange Traded F (7.0%) and American Centy ETF TR (6.7%).
What the accounts hold
- Stocks3%
- Funds82%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash6%
- Other6%
- Us gov/agency bonds, certificates of deposit6%
Reported 13F holdings
- $279M
- Reported 13F value
- 104
- Positions
- 52.3%
- In the 10 largest
- +11.3%
- Value vs. prior quarter
- Vanguard Index Fds · Total Stk Mkt8.7%
- J P Morgan Exchange Traded F · US Qualty Fctr7.0%
- American Centy ETF TR · US EQT ETF6.7%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt6.5%
- iShares TR · Core S&P500 ETF5.3%
- J P Morgan Exchange Traded F · Ultra Shrt ETF4.4%
- Vanguard BD Index Fds · Short Trm Bond3.9%
- American Centy ETF TR · Intl EQT ETF3.5%
- iShares Inc. · MSCI Emrg Chn3.4%
- American Centy ETF TR · Avantis Emgmkt2.9%
Together, the ten largest are 52.3% of reported value.
How many clients does REDW Wealth have?
REDW Wealth has 403 clients and manages $869 million for them, as of July 2026. They include 263 individual clients, 107 high-net-worth individuals, and 23 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 July 2026
What services does REDW Wealth offer?
REDW Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does REDW Wealth use?
REDW Wealth’s separately managed account assets are held at Charles Schwab (Lone Tree, CO), with $477M, Voya (Windsor, CT), with $175M and Charles Schwab (Lone Tree, CO), with $150M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 July 2026
How many financial advisors does REDW Wealth have?
REDW Wealth has 8 investment adviser representatives registered with state securities authorities, out of 15 employees, and 9 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 REDW Wealth invest in?
At the end of its last fiscal year, REDW Wealth’s separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 6% other, 3% exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds. The 6% other category is described as: US Gov/Agency Bonds, Certificates of Deposit.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns REDW Wealth?
REDW Wealth’s direct owners are Steven Cogan, James Montoya, Christopher Tyhurst, Tom Friend, Dean Willingham, Akm Kamal, Anthony Gerlach, Jessica Bundy, Jamie Fridley, James Ortiz, Jeffrey Largay and Brian Foltyn, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 10 July 2026
How does REDW Wealth get paid?
REDW Wealth is paid through a percentage of assets under management, hourly charges, fixed fees 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 REDW Wealth?
REDW Wealth’s main office is at 8801 Horizon BLVD Ne, Suite 401, Albuquerque, NM 87113. Its phone number is 505-998-3200. Its website is redw.com.