Rezny Wealth Management, Inc. (Naperville)

Name: Rezny Wealth Management, Inc.
Address: 1308 Macom Drive, Naperville, IL, 60564
Telephone: 630-527-1897

Rezny Wealth Management, Inc. is a large advisory firm based in Naperville. It manages $158.62 million of regulatory assets for 353 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, Illinois, and Louisiana.

Rezny Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rezny Wealth Management: assets under management

The assets under management (AUM) of Rezny Wealth Management, Inc. is $158.62 million. The firm's AUM has grown by 54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $157.56 million in discretionary accounts and $1.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $447.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.05 million.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is state and local bonds, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rezny Wealth Management, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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.

What kind of clients Brian Charles Rezny serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Brian Charles Rezny is individuals with 175 clients and $83.62 million of assets under management. Among the 12 most similar advisory firms, Rezny Wealth Management has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $158.62 million for 225 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.

Rezny Wealth Management doesn't advise any private funds.

Careers at Rezny Wealth Management, Inc.

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Charles Rezny	Owner/president/chief compliance officer	1 May 1992	75% - 100%	1799205

Based in Naperville

The principal office where Rezny Wealth Management, Inc. performs its advisory services is located at 1308 Macom Drive, Naperville, IL 60564, which is also the mailing address of the firm. An additional office of the firm is in Fort Myers, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 630-527-1897 or by fax 630-527-9239. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at reznywealth.com.