Rhame & Gorrell Wealth Management provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, philanthropic planning, tax planning, and tax preparation. Financial planning was provided to 500 clients last fiscal year.
Rhame & Gorrell Wealth Management reports 837 clients. They include 497 individual clients and 340 high-net-worth individuals. Of its assets, 100.0% ($1.32B across 2,822 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 14% |
| High-net-worth individuals | 41% | 86% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 497 | $188M | 14.2% | $377K |
| High-net-worth individuals | 340 | $1.14B | 85.8% | $3.34M |
| Total | 837 | $1.32B | 100% | $1.58M |
- Clients
- 497
- Regulatory AUM
- $188M
- AUM share
- 14.2%
- Avg. per client
- $377K
- Clients
- 340
- Regulatory AUM
- $1.14B
- AUM share
- 85.8%
- Avg. per client
- $3.34M
Total
- Clients
- 837
- Regulatory AUM
- $1.32B
- AUM share
- 100%
- Avg. per client
- $1.58M
- 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
- 500
Rhame & Gorrell Wealth Management charges 0.55%–1.30% a year for its Wealth Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.30% |
| $1M–$1.5M | 1.05% |
| $1.5M–$2.5M | 0.95% |
| $2.5M–$3.5M | 0.85% |
| $3.5M–$5M | 0.80% |
| $5M–$7M | 0.70% |
| $7M–$15M | 0.65% |
| $15M and above | 0.55% |
Fee details and sources
Jeffrey Rhame owns 75% or more of Rhame & Gorrell Wealth Management. The leadership team of Rhame & Gorrell Wealth Management includes Chief Compliance Officer Roland Thornton. It has 31 employees, 12 of them in advisory roles.
Staff
- 31 employees
- 12 in advisory functions
- 9 state-registered reps
- 5 insurance agents
- Owns 75% or more of Rhame & Gorrell Wealth Management, LLC
Jeffrey Rhame
Control person · since April 2016
- Owns 5% to 10% of Rhame & Gorrell Wealth Management, LLC
Kyle McClain
since January 2023
Rhame & Gorrell Wealth Management’s regulatory assets grew 2.9× from $451M (March 2021) to $1.32B (July 2026); clients rose from 369 to 837 and employees from 9 to 31.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $1.32B | 837 | 31 | 2 |
| Jul 2025July 2025 | $921M | 673 | 21 | 2 |
| Mar 2024March 2024 | $694M | 546 | 14 | 2 |
| Jun 2023June 2023 | $543M | 495 | 13 | 2 |
| Feb 2022February 2022 | $538M | 443 | 13 | 2 |
| Mar 2021March 2021 | $451M | 369 | 9 | 2 |
Besides its headquarters, Rhame & Gorrell Wealth Management has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- 7 W. Figueroa Street, Santa Barbara
Texas · 1 listed address
- 1330 Lake Robbins Drive, Suite 360, The WoodlandsHQ
Contact and registration details
- Legal name
- Rhame & Gorrell Wealth Management, LLC
- Headquarters
- 1330 Lake Robbins Drive, Suite 360, The Woodlands, TX 77380
- Website
- rgwealth.com
- Phone
- 832-789-1100
- SEC file
- 801-107332
- Structure
- Texas LLC
- Fiscal year end
- December
Rhame & Gorrell Wealth Management’s named custodians for separately managed accounts are Charles Schwab ($1.11B, 84%) and Fidelity ($213M, 16%). Rhame & Gorrell Wealth Management has custody of $1.32B for 837 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.11B84%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $213M16%
At year end, Rhame & Gorrell Wealth Management’s separately managed accounts were mostly in funds (72%) and stocks (26%).
What the accounts hold
- Stocks26%
- Funds72%
- Cash2%
How many clients does Rhame & Gorrell Wealth Management have?
Rhame & Gorrell Wealth Management has 837 clients and manages $1.32 billion for them, as of July 2026. They include 497 individual clients and 340 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 July 2026
What services does Rhame & Gorrell Wealth Management offer?
Rhame & Gorrell Wealth Management provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, philanthropic planning, tax planning, and tax preparation.
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 Rhame & Gorrell Wealth Management charge?
Rhame & Gorrell Wealth Management charges 0.55%–1.30% a year for its Wealth Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Source: DISCLOSURE BROCHURE FOR RHAME & GORRELL WEALTH MANAGEMENT, LLC, filed 13 October 2026
Which custodians does Rhame & Gorrell Wealth Management use?
Rhame & Gorrell Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.11B and Fidelity Brokerage Services LLC (Smithfield, RI), with $213M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 July 2026
How many financial advisors does Rhame & Gorrell Wealth Management have?
Rhame & Gorrell Wealth Management has 9 investment adviser representatives registered with state securities authorities, out of 31 employees, and 12 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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 Rhame & Gorrell Wealth Management invest in?
At the end of its last fiscal year, Rhame & Gorrell Wealth Management’s separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 26% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Rhame & Gorrell Wealth Management?
Rhame & Gorrell Wealth Management’s direct owners are Jeffrey Rhame (75% or more) and Kyle McClain (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 17 July 2026
How does Rhame & Gorrell Wealth Management get paid?
Rhame & Gorrell Wealth Management is paid through a percentage of assets under management. 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 Rhame & Gorrell Wealth Management?
Rhame & Gorrell Wealth Management’s main office is at 1330 Lake Robbins Drive, Suite 360, The Woodlands, TX 77380. Its phone number is 832-789-1100. Its website is rgwealth.com.