RG Financial provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
RG Financial reports 136 clients. They include 76 high-net-worth individuals, 59 individual clients and 1 business development companies. Of its assets, 99.6% ($157M across 457 accounts) are managed with discretion; $592K across 4 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 43% | 11% |
| High-net-worth individuals | 56% | 89% |
| Business development companies | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 59 | $17M | 10.8% | $288K |
| High-net-worth individuals | 76 | $141M | 89.2% | $1.86M |
| Business development companies | 1 | $1.42K | 0.0% | $1.42K |
| Total | 136 | $158M | 100% | $1.16M |
- Clients
- 59
- Regulatory AUM
- $17M
- AUM share
- 10.8%
- Avg. per client
- $288K
- Clients
- 76
- Regulatory AUM
- $141M
- AUM share
- 89.2%
- Avg. per client
- $1.86M
- Clients
- 1
- Regulatory AUM
- $1.42K
- AUM share
- 0.0%
- Avg. per client
- $1.42K
Total
- Clients
- 136
- Regulatory AUM
- $158M
- AUM share
- 100%
- Avg. per client
- $1.16M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
RG Financial charges 0.70%–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
- Financial Planning and Consulting
- Billed hourly or as a flat fee: the maximum hourly fee is $325 and flat fees will not exceed $10,000.
- Retirement Plan Consulting
- Billed as a percentage of plan assets under management, not to exceed 1%.
Justin Reckers owns 50% to 75% of RG Financial. The leadership team of RG Financial includes Chief Financial Officer Sandra Bozanic and Chief Compliance Officer Justin Reckers. It has 3 employees, 1 of them in advisory roles.
Leadership
- Sandra BozanicChief Financial Officer
Justin ReckersManaging Member & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 50% to 75% of RG Financial, LLC
Justin Reckers
Control person · since November 2025
- Owns 25% to 50% of RG Financial, LLC
Sandra Bozanic
Control person · since March 2021
RG Financial’s regulatory assets grew 1.5× from $102M (July 2021) to $158M (March 2026); clients rose from 118 to 136 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $158M | 136 | 3 | 2 |
| March 2025 | $152M | 138 | 5 | 2 |
| March 2024 | $124M | 129 | 4 | 2 |
| March 2023 | $108M | 128 | 5 | 2 |
| June 2022 | $116M | 124 | 4 | 2 |
| July 2021 | $102M | 118 | 2 | 2 |
Besides its headquarters, RG Financial has 1 office, with 2 listed addresses in California and Colorado.
California · 1 listed address
- 703 Palomar Airport Road, Suite 240, CarlsbadHQ
Colorado · 1 listed address
- 501 S. Cherry Street, Denver
Other business names
RG Financial has reported 1 other business name to the SEC.
- Fonte Financial Advisors LLC
Contact and registration details
- Legal name
- RG Financial, LLC
- Headquarters
- 703 Palomar Airport Road, Suite 240, Carlsbad, CA 92011
- Website
- fontefinancial.com
- Phone
- 858-800-4176
- @fonte-financial-advisors
- SEC file
- 801-120581
- Structure
- California LLC
- Fiscal year end
- December
RG Financial uses Charles Schwab ($157M) as custodian for its separately managed accounts. RG Financial has custody of $21.6M in client assets for 67 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $157M100%
At year end, RG Financial’s separately managed accounts were mostly in stocks (72%) and funds (24%).
What the accounts hold
- Stocks72%
- Funds24%
- Cash2%
- Other2%
- Annuity and 529 holdings2%
How many clients does RG Financial have?
RG Financial has 136 clients and manages $158 million for them, as of March 2026. They include 76 high-net-worth individuals, 59 individual clients and 1 business development companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does RG Financial offer?
RG Financial provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does RG Financial charge?
RG Financial charges 0.70%–1.50% a year for its Asset Management. The fee is billed in advance and is negotiable.
Which custodians does RG Financial use?
RG Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $157M. 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 March 2026
How many financial advisors does RG Financial have?
RG Financial has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 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 RG Financial invest in?
At the end of its last fiscal year, RG Financial’s separately managed accounts held 72% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 2% other. The 2% other category is described as: Annuity and 529 Holdings.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns RG Financial?
RG Financial’s direct owners are Justin Reckers (50% to 75%) and Sandra Bozanic (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does RG Financial get paid?
RG Financial 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 RG Financial?
RG Financial’s main office is at 703 Palomar Airport Road, Suite 240, Carlsbad, CA 92011. Its phone number is 858-800-4176. Its website is fontefinancial.com.