Equal-WT
WhaleScore 2.0
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Richmond Brothers is based out of Jackson. Richmond Brothers is a large advisory firm with 708 clients and discretionary assets under management (AUM) of $241,700,000 (Form ADV from 2025-04-01). Their last reported 13F filing for Q1 2025 included $158,203,726 in managed 13F securities
and a top 10 holdings concentration of 72.11%. Richmond Brothers's largest holding is Vanguard Short-Term Bond ETF with shares held of 354,479. Whalewisdom has at least 14 13F filings, 25 13D filings, 13 13G filings, and 1 Form 4 filings
Business Description
The advisory business specializes in Comprehensive Portfolio Management and Financial Planning & Consulting. They provide investment advisory services to individuals and other clients. The firm was formed in Michigan and has been in business as an investment advisor since 2011. The firm is owned by David S. Richmond (72.50%), Matthew J. Curfman (24.17%), and Tara E. Furnas (3.33%).
The firm offers individualized investment advice utilizing Comprehensive Portfolio Management and general investment advice through Financial Planning and Consulting. They manage $241,700,000 on a discretionary basis as of December 31, 2024. The firm's advisory representatives are also licensed insurance agents and may recommend insurance products on a commission basis, creating a conflict of interest that the firm attempts to mitigate.
Investment Strategy
The investment strategies used are Long Term Purchases (securities held at least a year), Short Term Purchases (securities sold within a year), Trading (securities sold within 30 days), Short Sales, and Option Writing, including Covered Options, Uncovered Options or Spreading Strategies upon client request.
Investing in securities involves risk of loss that clients should be prepared to bear. It is possible that the stock market may decrease and your account(s) could suffer a loss. It is important to understand the risks associated with investing in the stock market and be appropriately diversified in your investments.
Owners
- RICHMOND, DAVID, SCOTT - PRESIDENT
- CURFMAN, MATTHEW, JEREMY - SENIOR VICE PRESIDENT OF INVESTMENT SERVICES
- PIRNER, GARY, MATTHEW - CHIEF COMPLIANCE OFFICER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| BSV Vanguard Short-Term | 14.06% |
| VTIP Vanguard Short-Term | 5.41% |
| BIV Vanguard Intermediat | 5.32% |
| VPU Vanguard Utilities E | 0.32% |
| VDC Vanguard Consumer St | 0.32% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| QQQ Invesco QQQ Trust, S | 18.55% |
| VCR Vanguard Consumer Di | 2.82% |
| VGT Vanguard Information | 2.74% |
| AAPL Apple Inc | 0.6% |
| MDXG MiMedx Group Inc | 0.49% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| BSV Vanguard Short-Term | 17.54% |
| BIV Vanguard Intermediat | 8.7% |
| VTIP Vanguard Short-Term | 8.4% |
| QQQ Invesco QQQ Trust, S | 6.47% |
| BIL SPDR Bloomberg 1-3 M | 5.93% |
2025-03-31
13F Activity
| Market Value | $158m, Prior: $156m |
| Inflows (Outflows) as % of Total MV | +4.1485% |
| New Purchases | 1 stocks |
| Added To | 14 stocks |
| Sold out of | 2 stocks |
| Reduced holdings in | 13 stocks |
| Top 10 Holdings % | 72.11% |
| Turnover %[1] | 9.09% |
| Turnover Alt %[2] | 24.15% |
| Time Held Top 20 | 4 quarters |
| Time Held Top 10 | 2.4 quarters |
| Time Held All | 6.16 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31