Rialto Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, estate planning, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Rialto Wealth Management reports 344 clients. They include 192 individual clients, 146 high-net-worth individuals, and 6 pension and profit-sharing plans. Of its assets, 96.0% ($601M across 1,157 accounts) are managed with discretion; $25.3M across 50 accounts are not. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 11% |
| High-net-worth individuals | 42% | 84% |
| Pension and profit-sharing plans | 2% | 4% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 192 | $71M | 11.3% | $370K |
| High-net-worth individuals | 146 | $524M | 83.7% | $3.59M |
| Pension and profit-sharing plans | 6 | $27.4M | 4.4% | $4.56M |
| Charitable organizations | Fewer than 5 | $3.65M | 0.6% | — |
| Corporations and other businesses | Fewer than 5 | $32K | 0.0% | — |
| Total | 344 | $626M | 100% | — |
- Clients
- 192
- Regulatory AUM
- $71M
- AUM share
- 11.3%
- Avg. per client
- $370K
- Clients
- 146
- Regulatory AUM
- $524M
- AUM share
- 83.7%
- Avg. per client
- $3.59M
- Clients
- 6
- Regulatory AUM
- $27.4M
- AUM share
- 4.4%
- Avg. per client
- $4.56M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.65M
- AUM share
- 0.6%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $32K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 344
- Regulatory AUM
- $626M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Rialto Wealth Management charges 0.20%–0.90% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.90% |
| $1M–$2M | 0.75% |
| $2M–$5M | 0.55% |
| $5M–$10M | 0.35% |
| $10M and above | 0.20% |
Fee details and sources
Other fees
- Financial Planning
- For clients who are not investment management clients, a one-time planning fee, typically $4,000, or an hourly rate, typically $400; fixed fees may be negotiated.
Ethan Gilbert owns 25% to 50% of Rialto Wealth Management. It has 7 employees, 6 of them in advisory roles.
Staff
- 7 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 25% to 50% of Rialto Wealth Management, LLC
Ethan Gilbert
Control person · since February 2022
- Owns 25% to 50% of Rialto Wealth Management, LLC
Michael Antonacci
Control person · since February 2022
- Owns 10% to 25% of Rialto Wealth Management, LLC
Edward Barno
Control person · since February 2022
- Owns 10% to 25% of Rialto Wealth Management, LLC
Jeffrey Watson
Control person · since August 2023
Rialto Wealth Management’s regulatory assets grew 3.1× from $202M (July 2022) to $626M (March 2026); clients rose from 104 to 344 and employees from 3 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $626M | 344 | 7 | 1 |
| Jan 2025January 2025 | $404M | 217 | 6 | 1 |
| Mar 2024March 2024 | $312M | 180 | 6 | 1 |
| Apr 2023April 2023 | $219M | 128 | 4 | 1 |
| Jul 2022July 2022 | $202M | 104 | 3 | 1 |
Besides its headquarters, Rialto Wealth Management has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 126 N Salina St., Suite 330, SyracuseHQ
Contact and registration details
- Legal name
- Rialto Wealth Management, LLC
- Headquarters
- 126 N Salina St., Suite 330, Syracuse, NY 13202
- Website
- rialtowealth.com
- Phone
- 315-992-9129
- SEC file
- 801-123598
- Structure
- New York LLC
- Fiscal year end
- December
Rialto Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($617M). Rialto Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $617M100%
At year end, Rialto Wealth Management’s separately managed accounts were mostly in stocks (69%) and funds (20%). Its reported 13F holdings for the quarter ended 30 June 2026 total $505M across 1,934 positions; the largest are SPDR Series Trust (7.7%), iShares TR (5.2%) and Vanguard Index Fds (5.2%).
What the accounts hold
- Stocks69%
- Funds20%
- Bonds6%
- U.S. government and agency bonds5%
- Investment grade corporate bonds1%
- Cash5%
How many clients does Rialto Wealth Management have?
Rialto Wealth Management has 344 clients and manages $626 million for them, as of March 2026. They include 192 individual clients, 146 high-net-worth individuals, and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Rialto Wealth Management offer?
Rialto Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, estate 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 Rialto Wealth Management charge?
Rialto Wealth Management charges 0.20%–0.90% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: RIALTO WEALTH MANAGEMENT BROCHURE, filed 27 March 2026
Which custodians does Rialto Wealth Management use?
Rialto Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $617M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Rialto Wealth Management have?
Rialto Wealth Management has 6 investment adviser representatives registered with state securities authorities, out of 7 employees, and 6 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 Rialto Wealth Management invest in?
At the end of its last fiscal year, Rialto Wealth Management’s separately managed accounts held 69% exchange-traded equities, 20% registered funds (mutual funds, ETFs, BDCs), 5% U.S. government and agency bonds, 5% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Rialto Wealth Management?
Rialto Wealth Management’s direct owners are Ethan Gilbert, Edward Barno, Michael Antonacci and Jeffrey Watson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Rialto Wealth Management get paid?
Rialto Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Rialto Wealth Management?
Rialto Wealth Management’s main office is at 126 N Salina St., Suite 330, Syracuse, NY 13202. Its phone number is 315-992-9129. Its website is rialtowealth.com.