Haven Wealth Group

What Haven Wealth Group does

Haven Wealth Group, LLC is a privately owned, SEC-registered Registered Investment Advisor (RIA) founded in 2008 in Houston, Texas by Richea Powell and Charlie Calvin. The firm operates as a boutique wealth management practice serving high net worth individuals, companies, pensions, foundations, and endowments through a fully discretionary investment management model. Core offerings span Investment Management (discretionary portfolio construction across equities, fixed-income, and real estate using internal stock and bond selection rather than mutual funds), Financial Planning (comprehensive planning using EMoney software with cash flow projections and periodic reviews), 401(k)/Pension plan management (including Defined Benefit, Cash Balance, and IRA accounts), and a Strategic Partners referral network coordinating with CPAs, attorneys, trustees, and 401(k)/pension administrators. The firm operates from two offices (Houston headquarters and Atlanta, opened in 2017) with a 7-person team carrying 80+ years of combined experience, and is led by alumni of JP Morgan Chase, Wells Fargo, Compass Bank, and Memorial City Bank.

The firm generates revenue through a tiered AUM-based advisory fee structure ranging from 0.50% to 2.00% annually, calculated monthly on prior-month ending balances, plus a 0.05% annual research, trading, and service fee. An optional comprehensive financial planning service is available at a separately quoted rate under a separate agreement. There are no stated minimum balance requirements, and the firm maintains GIPS-compliant performance reporting and a fiduciary standard. The technology stack is intentionally lean: a proprietary portfolio monitoring system supports weekly internal investment strategy sessions that review every stock, bond, and preferred stock position across all client portfolios, supplemented by EMoney for financial planning analysis. No public APIs, mobile applications, or proprietary AI/ML capabilities are disclosed.

The go-to-market motion combines direct enterprise advisory engagement with a channel partner referral strategy. The firm has invested in dedicated Marketing Director roles in both Houston and Atlanta and publishes educational content (a 401(k) planning guide series, investment advisor selection content, and market commentary newsletters) to support top-of-funnel awareness. Strategic partnerships with CPAs, attorneys, trustees, and retirement plan administrators form a secondary distribution channel that drives qualified introductions. The firm has no disclosed external investors, parent company, or acquisition history, and remains under the operational leadership of its two co-founders.

Name

Haven Wealth Group

Legal name

Haven Wealth Group, LLC

Website

https://havenwg.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

Haven Wealth Group is a privately owned, SEC-registered boutique Registered Investment Advisor founded in 2008 in Houston, Texas, providing discretionary investment management, financial planning, and retirement plan services to high net worth individuals, companies, pensions, foundations, and endowments from offices in Houston and Atlanta.

Ownership category

akta.pro rank

Product category

Wealth Management & Investment Advisory

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Financial Planning–Led RIAs (FSAAACAB), Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL)

Keywords

• Investment management services
• Financial planning services
• Wealth management advisory
• Retirement plan management
• Portfolio management services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. AUM-Based Advisory Fees: Advisory fees calculated monthly based on ending balance from prior month's statement, charged in arrears. Tiered schedule with lower fees for larger relationships. Range from 0.50% to 2.00% annually depending on asset size.
2. Research, Trading, and Service Fee: Additional annual fee of 0.05% for research, trading, and service activities.
3. Comprehensive Financial Planning Service: Optional separate fee for comprehensive financial planning service, provided only if requested and governed by separate agreement. Fee quoted at time of planning request.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Haven Wealth Group is a boutique Registered Investment Advisor (RIA) that provides discretionary investment management across equities, fixed-income, and real estate, combined with comprehensive financial planning and retirement plan services. The firm serves high net worth individuals, companies, pensions, foundations, and endowments, applying internal research-driven stock and bond selection rather than mutual funds, with GIPS-compliant performance reporting.

Product overview

Haven Wealth Group is a boutique Registered Investment Advisor (RIA) providing a unified wealth management platform consisting of four integrated service offerings: Investment Management (discretionary portfolio management across equities, fixed-income, and real estate using internal research rather than mutual funds), Financial Planning (comprehensive planning using EMoney software covering cash flow analysis and goal-based planning), 401(k)/Pension Plans (including 401(k), Defined Benefit, Cash Balance, and IRA account management), and Strategic Partners (referral network for tax, trust/estate, and philanthropic planning). The firm operates with combined experience of over 80 years and serves High Net Worth clients with no strict minimum balance requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management

Quantifiable outcome

• Richea Powell managed over $11 billion in fixed-income portfolios at JP Morgan Chase
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• CPA Firms (Local Strategic Partners)coreStrategic or Co-development PartnerHaven works with local CPA firms as strategic partners to provide comprehensive financial planning and tax-aware investment strategies for clients.
• Trust and Estate Attorneys (Local Strategic Partners)coreStrategic or Co-development PartnerPartnership with estate planning attorneys for trust administration and heir planning services.
• 401(k)/Pension Administrators (Local Strategic Partners)coreStrategic or Co-development PartnerStrategic partnerships with 401(k) and pension administrators for retirement plan establishment and management.
• Trustees (Local Strategic Partners)coreStrategic or Co-development PartnerPartnership with trustees for trust administration and wealth transfer planning services.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Carson Group: National RIA platform serving financial advisors and their clients with wealth management, coaching, and back-office services. Comparable in serving HNW clients through financial planning and investment management, but at much greater scale with a partner-network model.
• Wealth Enhancement Group: National independent RIA platform offering wealth management, retirement planning, and tax services. Comparable in HNW focus and comprehensive service offering, but operates as an aggregator of acquired RIAs.
• Mariner Wealth Advisors: National RIA providing comprehensive wealth management, investment advisory, and financial planning services to HNW individuals, families, and institutions. Comparable boutique-to-mid-market RIA positioning with similar cross-product offering.
• Edelman Financial Engines: One of the largest independent RIAs in the U.S. with hundreds of billions in AUM, offering investment management and financial planning to HNW individuals and corporate plans. Comparable as a comprehensive RIA serving similar client segments, though at vastly greater scale.
• Creative Planning: Large independent RIA offering wealth management, financial planning, and retirement plan services to HNW individuals and institutions. Comparable service breadth and HNW target market, though at significantly greater scale.

Direct peers

• Tolleson Wealth Management: Dallas-based boutique RIA providing personalized wealth management and investment advisory services to HNW families, foundations, and endowments. Comparable in size, boutique customization, and Texas-based HNW focus.
• Buckingham Strategic Wealth: Boutique RIA providing research-driven investment management and financial planning, with a focus on evidence-based portfolio strategies. Comparable in boutique RIA positioning, though approaches stock selection with a more academic/research tilt.
• Sequoia Financial Group: Fee-only RIA providing investment management, financial planning, and retirement plan services to HNW individuals and institutions. Comparable in offering mix and boutique positioning, with similar multi-state operations.

Emerging players

• Betterment: Leading robo-advisor offering automated investment management and financial planning at low fees. Competes with Haven for HNW and mass-affluent clients with a technology-driven, low-cost model that pressures traditional boutique RIA fee structures.

Regional players

• Coral Gables Wealth Management: Florida-based boutique RIA delivering personalized wealth management to HNW individuals and families. Comparable boutique-to-mid-market RIA model serving HNW clients, though with a geographic focus on the Southeast that overlaps with Haven's Atlanta office.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/havenwg
• LinkedInlinkedin.com/company/haven-wealth-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haven Wealth Group