Riverstone Wealth Partners

What Riverstone Wealth Partners does

Riverstone Wealth Partners, LLC is a privately held, relationship-driven wealth advisory firm headquartered in Saint Charles, Illinois, with a second office in Sheboygan, Wisconsin. Founded in 2008, the firm employs approximately 18 team members organized around licensed senior wealth advisors, wealth advisors, client relationship specialists, and operations/administrative staff. It serves individuals and families, business owners, and pre-retirees/retirees across Illinois, Wisconsin, Upper Michigan, Southwest Florida, and the broader Naperville area, with senior advisors registered in 14-23 states.

The firm offers four core service lines — Dynamic Financial Planning, Risk Analysis and Investment Management, Business Owner Resources, and Retirement and Legacy Strategies — supplemented by tax-sensitive portfolio construction, college savings planning, and retirement plan management. It does not operate any proprietary technology platform; client account access is delivered through the Wealthscape platform provided by Kestra Financial, alongside a legacy Investor360 portal. Securities are offered through Kestra Investment Services, LLC (member FINRA/SIPC) and investment advisory services through Kestra Advisory Services, LLC.

Revenue is generated through a hybrid model: recurring AUM-based advisory fees on fee-based accounts, transaction-based securities commissions through the affiliated broker-dealer, and professional-services revenue from comprehensive financial planning engagements. Pricing is not publicly disclosed and is structured in client agreements. Riverstone operates as part of the Kestra Holdings ecosystem, affiliated through common ownership with Bluespring Wealth Partners, and is led operationally by Dave Floyd (VP of Operations) with the Manthei family prominent in senior advisory and client relationship roles.

Name

Riverstone Wealth Partners

Legal name

Riverstone Wealth Partners, LLC

Website

https://riverstonewp.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Riverstone Wealth Partners is a privately held wealth advisory firm in Saint Charles, IL with a second office in Sheboygan, WI, providing financial planning, investment management, and legacy strategies to individuals, families, and business owners across the Midwest and Florida under the Kestra Holdings umbrella.

Ownership category

akta.pro rank

Product category

Wealth Management / Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAEABAB

Broker-Dealer Affiliated Wealth Advisory

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Wealth & Retirement Advisory

SECONDARYFSABADAK

Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Private Banking

Keywords

• Wealth advisory services
• Financial planning
• Investment management
• Retirement planning
• Legacy planning

Headquarters

HQ city

St. Charles

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Investment Advisory Services: Fee-based investment advisory services offered through Kestra Advisory Services, LLC. Revenue is generated through advisory fees, likely based on assets under management (AUM).
2. Securities Transactions: Securities offered through Kestra Investment Services, LLC, a FINRA/SIPC member broker-dealer. Revenue generated through securities transactions and related brokerage services.
3. Financial Planning: Comprehensive financial planning services including retirement planning, estate planning, risk analysis, tax-sensitive portfolio management, and business owner resources.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Riverstone Wealth Partners is a private wealth advisory firm that delivers integrated financial planning, risk analysis, and investment management services to individuals, families, and business owners. The firm provides Dynamic Financial Planning, tax-sensitive portfolio management, retirement and legacy strategies, college savings, business owner resources, and securities execution through affiliated broker-dealer Kestra Investment Services and investment adviser Kestra Advisory Services.

Product overview

Riverstone Wealth Partners offers a unified wealth management service platform that combines multiple financial planning disciplines. Their core offering integrates Dynamic Financial Planning, Risk Analysis and Investment Management, Business Owner Resources, and Retirement and Legacy Strategies into a cohesive service. Additional specialized services include tax-sensitive portfolio construction, college savings planning, and retirement plan management. The firm operates through a team of wealth advisors and client relationship specialists, with securities and advisory services provided through affiliated entities Kestra Investment Services and Kestra Advisory Services.

Differentiator

Problem solved

Functional benefit

Products and services

• Dynamic Financial Planning
• Risk Analysis and Investment Management
• Business Owner Resources
• Retirement and Legacy Strategies
• Tax-Sensitive Income and Growth Portfolios
• College Savings Planning
• Retirement Plan Management

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Three partnerships are on record, tiered core.

• Kestra Investment Services, LLCcoreStrategic or Co-development PartnerFINRA member broker-dealer (member FINRA/SIPC) providing securities services. Securities are offered through Kestra IS as part of the Kestra Holdings affiliated group. This is a core operational partnership for securities transactions.
• Kestra Advisory Services, LLCcoreStrategic or Co-development PartnerInvestment advisory services offered through Kestra AS. Part of the Kestra Holdings affiliated group providing the operational infrastructure for fee-based advisory services.
• Bluespring Wealth Partners, LLCcoreStrategic or Co-development PartnerAffiliated wealth management company under Kestra Holdings common ownership. Riverstone operates as part of the Bluespring network of wealth advisory firms.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Mercer Advisors: Mercer Advisors operates a national RIA roll-up model serving high-net-worth individuals and business owners with financial planning, investment management, tax, and estate services. Highly comparable in target clientele (especially business owners) and multi-generational planning focus, though executed through a centralized, technology-rich platform rather than local offices.
• Creative Planning: Creative Planning is one of the largest independent RIAs in the U.S., offering comprehensive financial planning, investment management, and wealth advisory services to individuals and business owners nationwide. Comparable in client segments and service breadth, but with vastly greater scale, technology investments, and national reach.
• Edward Jones: Edward Jones is a broad incumbent brokerage and wealth advisory firm with thousands of branch offices across the U.S., serving individuals and families with investment management and retirement planning. Comparable client segments and regional office model, but vastly larger scale and brand reach than Riverstone.

Direct peers

• Bluespring Wealth Partners: Bluespring Wealth Partners is the affiliated wealth advisory network of which Riverstone is a partner firm under common Kestra Holdings ownership. They share the same operational, technology, and compliance infrastructure and operate comparable relationship-driven wealth advisory practices, making Bluespring the closest direct peer.
• Mariner Wealth Advisors: Mariner Wealth Advisors is a large, fast-growing RIA serving individuals, families, and business owners with comprehensive wealth planning, investment management, and legacy services—directly comparable to Riverstone's service mix, though operating at significantly greater scale and geographic breadth.
• North Star Resource Group: North Star Resource Group is a Midwest-headquartered wealth advisory firm offering financial planning and investment management for individuals, families, and business owners with a multi-generational focus. Overlaps with Riverstone in geography, client segments, and relationship-driven service model.
• Buckingham Wealth Partners: Buckingham Wealth Partners is a national RIA offering wealth management, investment advisory, and financial planning services to individuals and families, with significant focus on business owners and multi-generational planning. Directly comparable in target clientele and service offering, with a similarly relationship-led model.
• Modera Wealth Management: Modera Wealth Management is an RIA providing comprehensive financial planning, investment management, and retirement plan services to individuals, families, and business owners. Comparable in service mix, size, and fee-based advisory model, serving similar mid-market HNW and business-owner segments.
• Hefren-Tillotson: Hefren-Tillotson is a regional, family-owned wealth management firm providing financial planning, investment management, and retirement services to individuals and business owners. Comparable as a privately-held, multi-advisor wealth advisory with similar high-touch, relationship-based practice and overlapping Midwest client base.
• Kestra Investment Services: Kestra Investment Services, LLC is the affiliated broker-dealer and RIA platform through which Riverstone offers securities and advisory services. As the host platform for a network of independent wealth advisors with similar business models and service offerings, Kestra is the structural peer for understanding the parent ecosystem in which Riverstone operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/RiverstoneWP
• Facebookfacebook.com/RiverstoneWealthPartners
• LinkedInlinkedin.com/company/riverstone-wealth-partners-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 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 Riverstone Wealth Partners