Robertson Stephens Partners

What Robertson Stephens Partners does

Robertson Stephens Wealth Management, LLC is an SEC-registered investment adviser headquartered at 455 Market Street in San Francisco, operating as a national boutique wealth management firm for high net worth individuals and families. The firm traces its brand identity to the original 1990s Robertson Stephens technology-focused investment bank, but the current operating entity was registered with the SEC in 2017 and is wholly owned by Robertson Stephens Holdings, LLC, which is in turn majority owned by private equity firm Long Arc Capital LP. As of December 31, 2025, the firm manages approximately $8.76 billion in client assets across $6.99 billion discretionary and $1.77 billion non-discretionary mandates, served through 24+ office locations spanning 14 US states and 501-1,000 employees.

The firm's offering is organized around four pillars: Independent Fiduciary services, Wealth Planning, Investment Management, and Digital Solutions. Investment management is executed through proprietary Model Portfolios developed by the in-house Investment Office, supplemented by third-party managers and sub-advisors, with offerings spanning aggressive to conservative risk profiles on both discretionary and non-discretionary bases. Wealth planning integrates tax, estate, retirement, philanthropic, and life-transition planning, supported by a centralized wealth planning team and a CFP-heavy advisor bench. The Digital Solutions Platform provides personalized dashboards, real-time investment monitoring, wealth plan tracking with what-if scenario analysis, and a secure document vault with multi-factor authentication and encryption, built on integrations with EMAPlan (planning) and Addepar (portfolio reporting). An AI-powered Wealthfeed chatbot on the website uses Anthropic's Claude to answer service-related questions from an advisor-curated knowledge base. Adjunct offerings include tax compliance and management, retirement plan consulting, family office services via subsidiary 1978 Private Office, LLC, brokerage through affiliated Robertson Stephens Capital Markets, LLC, and insurance products through 415 Insurance Solutions, LLC.

Revenue is generated primarily through asset-based advisory fees (0.10%-2.0% of AUM, billed quarterly), supplemented by flat-fee or hourly financial planning engagements ($250-$500/hour or $500-$100,000 annual), tax service fees ($500-$10,000/year), and commissions from affiliated brokerage and insurance activities. Long Arc Funds are also recommended to clients, creating a disclosed conflict of interest. Customer concentration is structurally low: the client base consists of thousands of HNW households and family offices without any single dominant account, distributed across wealth planning, family office, retirement plan, trust/estate, and nonprofit segments. Distribution is sales-led through a network of wealth advisors supported by client service teams, supplemented by thought leadership content (weekly commentary, FOMC analyses, Bloomberg media features), and rank-driven top-of-funnel acquisition via Forbes, Barron's, FA Magazine, Newsweek, and USA Today advisor rankings.

Name

Robertson Stephens Partners

Legal name

Robertson Stephens Wealth Management, LLC

Website

https://rscapital.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Robertson Stephens Wealth Management is an SEC-registered, PE-backed national RIA managing approximately $8.76B for high net worth individuals and families across 14 US states via fiduciary advisory, wealth planning, model portfolio investment management, and a digital client platform.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

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

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

Keywords

• Wealth management services
• Investment advisory
• Financial planning
• Fiduciary services
• Portfolio management

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices24 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Asset-Based Advisory Fees: Investment advisory fees charged as a percentage of assets under management, typically ranging from 0.10% to 2% based on size and complexity of services. Billed quarterly, either in advance or arrears.
2. Financial Planning Fees: Fees for wealth, tax and divorce planning services. Can be hourly ($250-$500/hour), flat fee ($2,500-$50,000 per plan, $500-$100,000 annual flat fee), or based on marketable net worth.
3. Tax Compliance Services: Tax preparation and filing services, addressing notices, computing estimated taxes, and representation before taxing authorities.
4. Tax Management Services: Tax advice and execution of tax strategies, ranging from $500 to $10,000 per tax year.
5. Insurance Product Commissions: Commission compensation from sale of insurance products through affiliated agency 415 Insurance Solutions and independent agencies.
6. Brokerage Commissions: Commissions for brokerage products through affiliated broker-dealer Robertson Stephens Capital Markets, LLC.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Robertson Stephens Wealth Management is an SEC-registered investment advisor that delivers personalized investment management, wealth planning, and independent fiduciary advisory services to high-net-worth individuals, families, family offices, trusts and estates, charitable organizations, and retirement plans. Offerings are organized around four pillars—Independent Fiduciary, Wealth Planning, Investments, and Digital Solutions—and are supported by proprietary Model Portfolios, a centralized wealth planning team, and an AI-enabled digital client portal.

Product overview

Robertson Stephens Wealth Management provides a unified, digitally-enabled wealth management platform anchored by four pillars: Independent Fiduciary Services, Wealth Planning, Investment Management, and Digital Solutions. The core Digital Solutions Platform serves as the technology interface, delivering personalized dashboards, investment monitoring, wealth plan tracking, and a secure document vault. Investment Management is powered by proprietary Model Portfolios developed by the Investment Office, with support from third-party money managers and sub-advisors. The firm augments its advisory services with optional Tax Compliance and Management, Retirement Plan Consulting, and Family Office Services. The offering also includes an AI-Powered Wealthfeed Chatbot for conversational self-service on the public website.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Solutions Platform Secure, personalized digital platform offering real-time access to a client's full financial picture, including custom dashboards, investment monitoring, wealth plan tracking, and a document vault with multi-factor authentication and encryption. For Robertson Stephens wealth management clients.
• Independent Fiduciary Services Fiduciary investment advisory services delivered as a standalone offering, emphasizing objective guidance, independent oversight, and acting as a buyer (not a seller) for clients. For high-net-worth individuals, families, and institutions seeking conflict-free advice.
• Wealth Planning Comprehensive wealth planning including tax, risk management, trust and estate, philanthropy, life transitions, and retirement planning, supported by CFP® professionals and a centralized wealth planning team. For affluent individuals and families.
• Investment Management Portfolio management services balancing long-term growth with short-term opportunities, tailored to each client's risk profile, tax sensitivity, liquidity needs, and values; offered on both discretionary and non-discretionary basis. For high-net-worth individuals, families, and institutions.
• Retirement Plan Consulting Advisory services for retirement plan consulting, including plan review, fiduciary support, and investment monitoring for corporate retirement plans. For corporate plan sponsors and fiduciaries.
• Family Office Services Comprehensive family office services for affluent families and family offices, including financial reporting, administration, and coordinated wealth management across generations. For single and multi-family offices.
• Tax Compliance and Management Services Tax preparation, filing, and compliance services, as well as tax strategy and tax management services offered as optional adjunct services to investment advisory clients. For individuals, families, and entities requiring coordinated tax support.
• Model Portfolios Model investment portfolios developed by the Robertson Stephens Investment Office, designed for investors with varying risk tolerance levels ranging from aggressive to conservative strategies. For clients of the Investment Management service.

Quantifiable outcome

• $8.76 billion in assets under management
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Robertson Stephens Capital Markets, LLCcoreOthersAffiliated FINRA-registered broker-dealer (RSCM) through which some advisors serve as Registered Representatives offering brokerage products and services to clients.
• 415 Insurance Solutions, LLCcoreOthersAffiliated insurance agency through which some employees sell insurance products as licensed insurance agents, receiving commission compensation.
• National Financial Services LLC / FidelityminorOthersOne of the Recommended Custodians for client accounts, providing custody services and execution of securities transactions.
• Charles Schwab & Co., Inc.minorOthersOne of the Recommended Custodians for client accounts, providing custody services and execution of securities transactions.
• Pershing Advisors Solutions LLCminorOthersOne of the Recommended Custodians for client accounts, providing custody services and execution of securities transactions.
• Schwab Advisor ServicesminorOthersVikram Chugh, COO, serves on the Schwab Advisor Services Client Experience Panel, providing input on services for independent investment advisory firms.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bessemer Trust: Privately held multifamily office and wealth advisory firm serving UHNW families with investment management, wealth planning, and family office services - directly comparable in target client and service offering to Robertson Stephens.
• Cresset Capital: Independent, family-owned multifamily office and private investment firm serving HNW/UHNW clients with integrated wealth advisory and direct investing; similar PE-influenced ownership structure and national HNW focus.
• Cambridge Associates: Investment advisor serving institutional and private client investors with discretionary portfolio management and advisory services; overlaps with Robertson's investment management and discretionary AUM business.
• Pitcairn: Multi-family office serving HNW families with investment management, wealth planning, and family governance services; comparable target client and integrated fiduciary model.
• Mariner Wealth Advisors: National RIA serving HNW individuals and families with investment management, financial planning, and family office services; comparable scale ($50B+ AUM) and advisor-led business model.

Broad incumbents

• Focus Financial Partners: Leading partnership of independent RIAs (now part of CD&R); provides scale, capital, and infrastructure to HNW-focused advisors - comparable business model as a wealth management consolidator though broader portfolio.
• J.P. Morgan Private Bank: Global private bank offering investment management, wealth planning, and banking services to UHNW clients; competing incumbent with comparable target segment and integrated banking capabilities.
• Goldman Sachs Private Wealth Management: Wirehouse-affiliated private wealth division serving UHNW clients with investment management and wealth planning; competes for the same HNW/UHNW segment but with vastly greater resources and product breadth.
• Morgan Stanley Private Wealth Management: Wirehouse-affiliated private wealth division offering investment advisory, wealth planning, and lending services to UHNW clients; primary incumbent competitor in the HNW segment Robertson targets.

Regional players

• Emigrant Bank Wealth Management: Private bank and wealth management firm serving HNW clients primarily in the Northeast US with investment advisory, banking, and trust services; similar client profile and boutique positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

• Xx.com/RSWealthAdvisor
• Facebookfacebook.com/RobertsonStephensWealthManagement
• LinkedInlinkedin.com/company/robertson-stephens-wealth-management-
• Instagraminstagram.com/robertsonstephens

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments23 records

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

Frequently asked questions about Robertson Stephens Partners