RDA FINANCIAL NETWORK
RDA FINANCIAL NETWORK, INC. Legal Name
Adviser information for RDA FINANCIAL NETWORK last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Iowa, United States |
Employees
| Total Number of Employees | 18 |
|---|---|
| Investment Advisory/Research | 18 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 18 |
| Licensed Agents of an Insurance Company | 18 |
| No. of Firms/People that Solicit Clients | 2 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,315 | $493.7M |
| Non-Discretionary | 0 | $0 |
| Total | 3,315 | $493.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,424 | $436.2M |
| HNW Individuals | 11 | $46.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $3.2M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 7 | $8.0M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1444 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 47.4M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| RDAFN WRAP FEE PROGRAM | RDA FINANCIAL NETWORK |
Identifiers
| SEC RIA File Number | 801-69651 |
|---|---|
| SEC ERA File Number | 801-69651 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 147309 |
| Legal Entity Identifier | 20-3771932 |
Principal Office
321 REED STREETSUITE #2
AKRON
IA
United States
Monday - Friday, 8:30 TO 5:00
Tel: 888-300-4975, Fax: 712-568-3977
Chief Compliance Officer
MICHAEL A. BRANNEN
321 REED STREET
SUITE # 2
AKRON
IA
United States
Tel:
888-300-4975
Fax:
712-568-3977
M*******@********M
(Full email address available in API data)
Regulatory Contact
CHAD ERICSON
PRESIDENT/CISO
321 REED STREET
SUITE # 2
AKRON
IA
United States
Tel:
888-300-4975
Fax:
712-568-3977
C***@*********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| ERICSON, CHAD, DAVID | Individual | – | PRESIDENT/CISO | 01/2021 | > 75% |
| BRANNEN, MICHAEL, ANNE | Individual | – | CHIEF COMPLIANCE OFFICER | 10/2020 | < 5% |