RKL Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
RKL Wealth Management reports 1,050 clients. They include 486 individual clients, 462 high-net-worth individuals, and 68 pension and profit-sharing plans. Of its assets, 88.1% ($2.21B across 2,602 accounts) are managed with discretion; $297M across 73 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 46% | 8% |
| High-net-worth individuals | 44% | 76% |
| Pension and profit-sharing plans | 6% | 13% |
| Charitable organizations | 1% | 1% |
| State or municipal government entities | Fewer than 5 | <1% |
| Other client typesCorporations and other businesses | 2% | 2% |
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) | 486 | $191M | 7.6% | $394K |
| High-net-worth individuals | 462 | $1.91B | 76.2% | $4.14M |
| Pension and profit-sharing plans | 68 | $319M | 12.7% | $4.69M |
| Charitable organizations | 13 | $26.6M | 1.1% | $2.04M |
| State or municipal government entities | Fewer than 5 | $13.6M | 0.5% | — |
| Corporations and other businesses | 21 | $46.3M | 1.8% | $2.2M |
| Total | 1,050 | $2.51B | 100% | — |
- Clients
- 486
- Regulatory AUM
- $191M
- AUM share
- 7.6%
- Avg. per client
- $394K
- Clients
- 462
- Regulatory AUM
- $1.91B
- AUM share
- 76.2%
- Avg. per client
- $4.14M
- Clients
- 68
- Regulatory AUM
- $319M
- AUM share
- 12.7%
- Avg. per client
- $4.69M
- Clients
- 13
- Regulatory AUM
- $26.6M
- AUM share
- 1.1%
- Avg. per client
- $2.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $13.6M
- AUM share
- 0.5%
- Avg. per client
- —
- Clients
- 21
- Regulatory AUM
- $46.3M
- AUM share
- 1.8%
- Avg. per client
- $2.2M
Total
- Clients
- 1,050
- Regulatory AUM
- $2.51B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
RKL Wealth Management charges up to 1.25% a year for its Investment management services. The fee is billed in arrears, is negotiable and has a $20,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Consulting advice
- For individual clients, on securities or matters not involving securities, billed at $250 to $500 per hour.
- Financial planning
- Fixed fee typically $10,000 to $25,000, or hourly at $250 to $500 per hour; minimum fee $10,000.
RKL LLP owns 75% or more of RKL Wealth Management. The leadership team of RKL Wealth Management includes President David Morais and Chief Compliance Officer Julie Englert. It has 38 employees, 23 of them in advisory roles.
Staff
- 38 employees
- 23 in advisory functions
- 23 state-registered reps
- 5 soliciting firms
- Owns 75% or more of RKL Wealth Management LLC
RKL LLP
Control person · since January 2005
Edward Monborne
Partner of rkl llp · Control person · since September 2026
Michael De Stefano
Chief executive officer · Control person · since September 2026
RKL Wealth Management’s regulatory assets grew 2.0× from $1.23B (March 2021) to $2.51B (September 2026); clients rose from 837 to 1,050 and employees from 24 to 38.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $2.51B | 1,050 | 38 | 7 |
| Mar 2025March 2025 | $2.13B | 1,088 | 37 | 7 |
| Mar 2024March 2024 | $1.8B | 1,093 | 35 | 7 |
| Mar 2023March 2023 | $1.43B | 1,072 | 33 | 7 |
| Mar 2022March 2022 | $1.43B | 852 | 28 | 7 |
| Mar 2021March 2021 | $1.23B | 837 | 24 | 6 |
Besides its headquarters, RKL Wealth Management has 6 offices, with 7 listed addresses in 1 state.
Pennsylvania · 7 listed addresses
- 1800 Fruitville Pike, LancasterHQ
- 1134 Kennebec Drive, Chambersburg
- 5108 Trindle RD., Mechanicsburg
- 3501 Concord Road, York
- 102 Pickering Way, Exton
- 1330 Broadcasting Road, Wyomissing
- 840 Hamilton Street, Allentown
Contact and registration details
- Legal name
- RKL Wealth Management LLC
- Headquarters
- 1800 Fruitville Pike, Lancaster, PA 17601
- Website
- rklprivatewealth.com
- Phone
- 717-399-1700
- SEC file
- 801-66968
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
RKL Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($2.26B). RKL Wealth Management has custody of $924K for 1 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.26B100%
At year end, RKL Wealth Management’s separately managed accounts were mostly in stocks (65%) and bonds (32%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.25B across 189 positions; the largest are iShares TR (18.9%), iShares TR (9.3%) and iShares TR (6.8%).
What the accounts hold
- Stocks65%
- Exchange-traded equities64%
- Non-exchange-traded equities1%
- Bonds32%
- U.S. government and agency bonds22%
- Investment grade corporate bonds9%
- State and local bonds1%
- Cash4%
How many clients does RKL Wealth Management have?
RKL Wealth Management has 1,050 clients and manages $2.51 billion for them, as of September 2026. They include 486 individual clients, 462 high-net-worth individuals, and 68 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 September 2026
What services does RKL Wealth Management offer?
RKL Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, 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 RKL Wealth Management charge?
RKL Wealth Management charges up to 1.25% a year for its Investment management services. The fee is billed in arrears, is negotiable and has a $20,000 annual minimum.
Source: RKL WEALTH MANAGEMENT LLC - FORM ADV PART 2A, filed 27 March 2026
Which custodians does RKL Wealth Management use?
RKL Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $2.26B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 September 2026
How many financial advisors does RKL Wealth Management have?
RKL Wealth Management has 23 investment adviser representatives registered with state securities authorities, out of 38 employees, and 23 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 RKL Wealth Management invest in?
At the end of its last fiscal year, RKL Wealth Management’s separately managed accounts held 64% exchange-traded equities, 22% U.S. government and agency bonds, 9% investment grade corporate bonds, 4% cash and equivalents, 1% non-exchange-traded equities and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns RKL Wealth Management?
RKL Wealth Management’s direct owner is RKL LLP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 September 2026
How does RKL Wealth Management get paid?
RKL 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 RKL Wealth Management?
RKL Wealth Management’s main office is at 1800 Fruitville Pike, Lancaster, PA 17601. Its phone number is 717-399-1700. Its website is rklprivatewealth.com.