Round Rock Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, selecting other managers, education planning, and insurance. Financial planning was provided to 101–250 clients last fiscal year.
Round Rock Advisors reports 647 clients. They include 420 individual clients, 202 high-net-worth individuals and 11 other clients. Of its assets, 100.0% ($907M across 1,935 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 15% |
| High-net-worth individuals | 31% | 66% |
| Pooled investment vehicles | <1% | 8% |
| Pension and profit-sharing plans | Fewer than 5 | 2% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses; Other | 3% | 8% |
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) | 420 | $134M | 14.8% | $319K |
| High-net-worth individuals | 202 | $595M | 65.7% | $2.95M |
| Pooled investment vehicles | 1 | $72.1M | 8.0% | $72.1M |
| Pension and profit-sharing plans | Fewer than 5 | $22.6M | 2.5% | — |
| Charitable organizations | 5 | $5.94M | 0.7% | $1.19M |
| Corporations and other businesses | 8 | $22.1M | 2.4% | $2.76M |
| Other | 11 | $54.8M | 6.0% | $4.98M |
| Total | 647 | $907M | 100% | — |
- Clients
- 420
- Regulatory AUM
- $134M
- AUM share
- 14.8%
- Avg. per client
- $319K
- Clients
- 202
- Regulatory AUM
- $595M
- AUM share
- 65.7%
- Avg. per client
- $2.95M
- Clients
- 1
- Regulatory AUM
- $72.1M
- AUM share
- 8.0%
- Avg. per client
- $72.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $22.6M
- AUM share
- 2.5%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $5.94M
- AUM share
- 0.7%
- Avg. per client
- $1.19M
- Clients
- 8
- Regulatory AUM
- $22.1M
- AUM share
- 2.4%
- Avg. per client
- $2.76M
- Clients
- 11
- Regulatory AUM
- $54.8M
- AUM share
- 6.0%
- Avg. per client
- $4.98M
Total
- Clients
- 647
- Regulatory AUM
- $907M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 101–250
Round Rock Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Armstrong Shaw Division Portfolio Management
- ASD standard fee is 1% of the first $10 million, 0.75% on the next $15 million and 0.5% above, paid quarterly in arrears; may vary.
- Financial Planning
- Stand-alone financial planning is an annual fee of up to $5,000, negotiable, estimated before engagement.
- Retirement Plan Services
- Retirement plan advisory is an annual asset-based fee of up to 1.25%, billed in advance or arrears per the plan provider; negotiable.
Bert Bowler owns 50% to 75% of Round Rock Advisors. It has 22 employees, 12 of them in advisory roles.
Leadership
Bert BowlerMember, Principal, and Private Wealth Advisor
Craig JensenMember, CCO and Private Wealth Advisor
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
Staff
- 22 employees
- 12 in advisory functions
- 11 state-registered reps
- 7 insurance agents
- Owns 50% to 75% of Round Rock Advisors LLC
Bert Bowler
Control person · since April 2017
- Owns 50% to 75% of Round Rock Advisors LLC
Craig Jensen
Control person · since November 2023
Round Rock Advisors’ regulatory assets grew 3.5× from $261M (February 2021) to $907M (June 2026); clients rose from 503 to 647 and employees from 11 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $907M | 647 | 22 | 2 |
| July 2025 | $815M | 698 | 24 | 3 |
| March 2024 | $673M | 625 | 19 | 3 |
| August 2023 | $485M | 589 | 16 | 3 |
| April 2022 | $493M | 458 | 13 | 3 |
| February 2021 | $261M | 503 | 11 | 1 |
Besides its headquarters, Round Rock Advisors has 1 office, with 2 listed addresses in Connecticut and New York.
Connecticut · 1 listed address
- 187 Danbury Road, Suite 201, WiltonHQ
New York · 1 listed address
- 600 Mamaroneck Ave, Harrison
Other business names
Round Rock Advisors has reported 2 other business names to the SEC.
- Armstrong Shaw
- Thomson, Horstmann & Bryant Asset Management
Contact and registration details
- Legal name
- Round Rock Advisors LLC
- Headquarters
- 187 Danbury Road, Suite 201, Wilton, CT 06897
- Website
- roundrockadvisors.com
- Phone
- 203-920-4774
- @roundrockadvisors
- SEC file
- 801-108989
- Founded
- 2017
- Structure
- Connecticut LLC
- Fiscal year end
- December
Round Rock Advisors uses Charles Schwab ($655M) as custodian for its separately managed accounts. Round Rock Advisors has custody of $169M in client assets for 335 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $655M100%
At year end, Round Rock Advisors’ separately managed accounts were mostly in funds (67%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $776M across 318 positions; the largest are Invesco Qqq TR (7.9%), Vaneck ETF Trust (7.1%) and Vanguard Whitehall Fds (6.6%).
What the accounts hold
- Stocks24%
- Funds67%
- Registered funds63%
- Pooled vehicles4%
- Bonds7%
- U.S. government and agency bonds3%
- Investment grade corporate bonds3%
- State and local bonds1%
- Cash2%
Reported 13F holdings
- $776M
- Reported 13F value
- 318
- Positions
- 46.6%
- In the 10 largest
- +18.8%
- Value vs. prior quarter
- Invesco Qqq TR · Unit Ser 17.9%
- Vaneck ETF Trust · Semiconductr ETF7.1%
- Vanguard Whitehall Fds · High Div Yld6.6%
- J P Morgan Exchange Traded F · Ultra Shrt ETF6.2%
- iShares TR · Core S&P Scp ETF4.7%
- Vanguard Index Fds · Mid Cap ETF4.1%
- Select Sector SPDR TR · ST Str Indl ETF2.8%
- Apple Inc.2.5%
- iShares TR · Select Divid ETF2.4%
- Select Sector SPDR TR · ST Str Care ETF2.4%
Together, the ten largest are 46.6% of reported value.
How many clients does Round Rock Advisors have?
Round Rock Advisors has 647 clients and manages $907 million for them, as of June 2026. They include 420 individual clients, 202 high-net-worth individuals and 11 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 June 2026
What services does Round Rock Advisors offer?
Round Rock Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, selecting other managers, education planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Round Rock Advisors use?
Round Rock Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $655M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 June 2026
How many financial advisors does Round Rock Advisors have?
Round Rock Advisors has 11 investment adviser representatives registered with state securities authorities, out of 22 employees, and 12 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 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 Round Rock Advisors invest in?
At the end of its last fiscal year, Round Rock Advisors’ separately managed accounts held 63% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 4% pooled vehicles (private funds and similar), 3% U.S. government and agency bonds, 3% investment grade corporate bonds, 2% cash and equivalents 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 Round Rock Advisors?
Round Rock Advisors’ direct owners are Bert Bowler (50% to 75%) and Craig Jensen (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 22 June 2026
How does Round Rock Advisors get paid?
Round Rock Advisors is paid through a percentage of assets under management 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 Round Rock Advisors?
Round Rock Advisors’ main office is at 187 Danbury Road, Suite 201, Wilton, CT 06897. Its phone number is 203-920-4774. Its website is roundrockadvisors.com.