Rench Wealth Management, Inc. is a large advisory firm based in Denton. It manages $230.02 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Louisiana, New Hampshire, Oklahoma, and Texas.
Rench Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Rench Wealth Management, Inc. is $230.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 119% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Rench Wealth Management, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of James Allen Rench is high net worth individuals with 90 clients and $177.74 million of assets under management. Among the 7 most similar advisory firms, Rench Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $229.62 million for 236 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Rench Wealth Management doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
James Allen Rench has been acting as President since 1 Nov 2011. Casey Allen Rench joined the executive team most recently as the Chief Compliance Officer.
The principal office where Rench Wealth Management, Inc. performs its advisory services is located at 2556 Lillian Miller Parkway, Denton, TX 76210, which is also the mailing address of the firm. An additional office of the firm is in Addison, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 940-387-7526 or by fax 866-889-7113. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at therelevancegroup.net.