RWM Capital provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1,000 clients last fiscal year.
RWM Capital reports 1,439 clients. They include 1,245 individual clients, 192 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 100.0% ($222M across 2,731 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 66% |
| High-net-worth individuals | 13% | 32% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,245 | $146M | 65.8% | $117K |
| High-net-worth individuals | 192 | $71.9M | 32.3% | $374K |
| Corporations and other businesses | Fewer than 5 | $4.27M | 1.9% | $2.14M |
| Total | 1,439 | $222M | 100% | — |
- Clients
- 1,245
- Regulatory AUM
- $146M
- AUM share
- 65.8%
- Avg. per client
- $117K
- Clients
- 192
- Regulatory AUM
- $71.9M
- AUM share
- 32.3%
- Avg. per client
- $374K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.27M
- AUM share
- 1.9%
- Avg. per client
- $2.14M
Total
- Clients
- 1,439
- Regulatory AUM
- $222M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 1000
RWM Capital is paid through a percentage of assets under management, hourly charges 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 2 other services, listed under fee details.
Fee details and sources
Other fees
- Consulting
- Limited-scope consulting fees are negotiable and billed as services are rendered.
- Financial Planning
- Financial planning is billed hourly or at a fixed rate based on scope and complexity; fees generally do not exceed $15,000 per plan, with 50% due on engagement.
Paul Roberts owns 75% or more of RWM Capital. The leadership team of RWM Capital includes Chief Compliance Officer Liza Mae Espiritu. It has 63 employees, 21 of them in advisory roles.
Staff
- 63 employees
- 21 in advisory functions
- 12 state-registered reps
- 18 insurance agents
- Owns 75% or more of RWM Capital, LLC
Paul Roberts
Control person · since March 2023
RWM Capital’s regulatory assets grew 1.9× from $118M (June 2021) to $222M (August 2026); clients rose from 283 to 1,439 and employees from 9 to 63.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $222M | 1,439 | 63 | 8 |
| Jul 2025July 2025 | $161M | 1,510 | 50 | 8 |
| Mar 2024March 2024 | $108M | 786 | 27 | 8 |
| Jun 2023June 2023 | $107M | 441 | 11 | 6 |
| May 2022May 2022 | $165M | 506 | 9 | 3 |
| Jun 2021June 2021 | $118M | 283 | 9 | 3 |
Besides its headquarters, RWM Capital has 7 offices, with 8 listed addresses across 5 states.
Texas · 3 listed addresses
- 1600 Highway 6, Suite 340, Sugar LandHQ
- 440 Cobia Drive, Katy
- 1575 Sawdust RD, The Woodlands
Alabama · 2 listed addresses
- 1110 Montlimar Drive, Mobile
- 9808 Millwood Circle, Daphne
Florida · 1 listed address
- 282 North Palafox Street, Pensacola
Louisiana · 1 listed address
- 2315 Florida Street, Mandeville
Mississippi · 1 listed address
- 2555 Marshall Road, Biloxi
Other business names
RWM Capital has reported 1 other business name to the SEC.
- Roberts Wealth Management, LLC
Contact and registration details
- Legal name
- RWM Capital, LLC
- Headquarters
- 1600 Highway 6, Suite 340, Sugar Land, TX 77478
- Website
- robertswealth.com
- Phone
- 832-981-7000
- SEC file
- 801-119513
- Structure
- Texas LLC
- Fiscal year end
- December
RWM Capital’s named custodian for separately managed accounts is Charles Schwab ($222M). RWM Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $222M100%
At year end, RWM Capital’s separately managed accounts were mostly in funds (73%) and stocks (23%).
What the accounts hold
- Stocks23%
- Exchange-traded equities22%
- Non-exchange-traded equities1%
- Funds73%
- Registered funds72%
- Pooled vehicles1%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash5%
How many clients does RWM Capital have?
RWM Capital has 1,439 clients and manages $222 million for them, as of August 2026. They include 1,245 individual clients, 192 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 August 2026
What services does RWM Capital offer?
RWM Capital provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does RWM Capital use?
RWM Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $222M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 August 2026
How many financial advisors does RWM Capital have?
RWM Capital has 12 investment adviser representatives registered with state securities authorities, out of 63 employees, and 21 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 18 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 RWM Capital invest in?
At the end of its last fiscal year, RWM Capital’s separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 5% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns RWM Capital?
RWM Capital’s direct owner is Paul Roberts (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 August 2026
How does RWM Capital get paid?
RWM Capital 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 RWM Capital?
RWM Capital’s main office is at 1600 Highway 6, Suite 340, Sugar Land, TX 77478. Its phone number is 832-981-7000. Its website is robertswealth.com.