Bennett Associates

What Bennett Associates does

Bennett Associates, operating as Randall and Associates Wealth Management Inc. following a 2025 rebrand, is a privately held registered investment advisory firm headquartered in Butler, Pennsylvania, with a second office in Warrendale, PA. The firm is a boutique wealth management practice serving individual investors across all life stages — from those just starting out through retirees — and delivers services through direct advisory relationships rather than a technology platform. The firm's product suite is organized around five core areas: Retirement Planning, Investment Planning, Tax Planning, Trust & Estate Planning, and Assistance to Others (wealth transfer and charitable giving). Sub-services include Roth conversions, RMD and withdrawal strategies, Social Security and annuity analysis, asset allocation, tax loss harvesting, and QCD-based charitable gifting.

The firm operates a consultative, education-led go-to-market model. Lead generation is driven by free in-person seminars at community centers and libraries in the Pittsburgh area (including Pine Community Center and Northland Public Library), virtual seminar formats, a comprehensive suite of online financial calculators, a tax library, and a quarterly newsletter cadence spanning Q1 2024 through Q2 2026. Wells Fargo Clearing Services serves as the trade execution and custody partner, with clients accessing accounts through a dedicated Wells Fargo portal. The firm's core technology is its content and calculator infrastructure, not a proprietary software platform.

Commercially, the firm is structured as a registered investment adviser under SEC Form ADV Part 2A disclosure, with a Wrap Brochure and Form CRS published in 2025-2026. Its revenue model is advisory-fee-based and recurring, drawn from ongoing investment management and financial planning engagements; specific fee schedules are not publicly disclosed. The firm is independently owned and privately held, with no parent company, no institutional investors, no funding rounds, and headcount in the 11-50 range.

Name

Bennett Associates

Legal name

Randall and Associates Wealth Management Inc.

Website

https://bennettawm.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bennett Associates, operating as Randall and Associates Wealth Management, is a privately held registered investment advisory firm in Butler, PA serving individual investors across all life stages with retirement, investment, tax, trust/estate, and charitable giving planning through a boutique, education-led advisory model.

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)

akta.pro primary industry

Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE)

akta.pro secondary industries

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Digital/Hybrid Robo-Wealth & Retirement Advisory (FSAEABAK)

Keywords

• Wealth management services
• Financial planning advisory
• Retirement planning services
• Investment advisory firm
• Estate planning services

Headquarters

HQ city

Butler

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, Others

Revenue model

1. Investment Advisory Services: The firm operates as a registered investment adviser providing personalized financial planning and wealth management services. The firm offers advisory services across retirement planning, investment planning, tax planning, trust and estate planning, and charitable giving strategies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Bennett Associates, operating as Randall and Associates Wealth Management Inc., is a boutique registered investment advisory firm that delivers personalized financial planning and wealth management services to individual investors. Its offerings span five core areas: Retirement Planning, Investment Planning, Tax Planning, Trust & Estate Planning, and Assistance to Others (charitable giving and wealth transfer), supplemented by a suite of financial calculators, tax education resources, and seminars.

Product overview

Randall and Associates Wealth Management offers a suite of wealth management services organized around five core areas: Retirement Planning, Investment Planning, Tax Planning, Trust & Estate Planning, and Assistance to Others (charitable giving and wealth transfer). The firm provides supplementary educational tools including financial calculators, tax glossaries, educational seminars, newsletters, and a comprehensive tax library. The offering is structured as a consultative advisory model rather than a software platform, with services delivered through direct client relationships with registered investment advisers.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Comprehensive retirement planning services for individual investors including retirement goal setting, IRA contributions, cash flow analysis, RMD and withdrawal strategies, Roth conversions, Social Security analysis, and annuity and pension analysis.
• Investment Planning Investment management services including portfolio position review, asset allocation, withdrawal strategies, stock concentration management, and account consolidation for individual investors.
• Tax Planning Tax planning services including tax-sensitive investing, review of realized and unrealized gains, cost basis review, tax loss harvesting, potential Roth conversions, and tax return review.
• Trust & Estate Planning Estate planning services including estate tax minimization, trust needs analysis, and stepped-up cost-basis analysis for highly appreciated assets.
• Assistance to Others (Wealth Transfer & Charitable Giving) Wealth transfer and charitable giving services including 529 College Savings Plans, gifting strategies, charitable giving with Qualified Charitable Distributions (QCDs), and charitable giving of appreciated assets.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Direct peers

• Creative Planning: Large RIA providing comprehensive wealth management (retirement, tax, estate, investment planning) to individuals and families. Operates the same holistic advisory model Bennett Associates offers, but at significantly greater scale, making it a direct comparable on service mix if not size.
• Mariner Wealth Advisors: RIA delivering personalized financial planning, investment management, tax, and estate planning to high-net-worth individuals. Closely mirrors Bennett Associates' boutique, high-touch advisory positioning while operating across multiple U.S. regions.
• Edelman Financial Engines: Large RIA providing retirement planning, investment management, and tax/estate strategies to individuals across life stages. Comparable to Bennett Associates on the individual-investor, life-stage-segmented service model.
• Carson Group: RIA platform serving independent financial advisors and their individual clients with wealth management, retirement, and financial planning services. Comparable as both a competitor for individual clients and a potential acquirer/support platform for boutique RIAs like Bennett Associates.

Broad incumbents

• Fisher Investments: Large established investment-advisory firm managing portfolios for individual and institutional clients. Overlaps with Bennett Associates on discretionary investment management and retirement-income planning, though at substantially greater scale and broader geographic reach.
• Cetera Financial Group: Broker-dealer and RIA support platform serving independent financial advisors with retirement, investment, tax, and estate planning offerings. Comparable as an incumbent alternative that supports advisors delivering the same holistic planning Bennett Associates offers.
• Commonwealth Financial Network: Independent broker-dealer/RIA platform enabling advisors to deliver comprehensive financial planning including retirement, tax, and estate services. Comparable as the incumbent infrastructure layer Bennett Associates could affiliate with or compete against.

Emerging players

• Facet Wealth: Digital-first RIA offering flat-fee financial planning across retirement, tax, investment, and estate topics. Competes for the same individual-investor segment as Bennett Associates but via a virtual delivery model, representing the emerging hybrid/digital threat to boutique advisors.
• Schwab Personal Advisor Services: Charles Schwab's hybrid advisory service combining automated investment management with access to CFP professionals for retirement, tax, and financial planning. A direct competitor for Bennett Associates' target demographic at lower price points and backed by a major custodian.
• Vanguard Personal Advisor Services: Hybrid robo-advisor from a major asset manager combining automated portfolio management with human advisor access for retirement, investment, and tax planning. Targets the same individual retirement-planning client Bennett Associates serves, at materially lower fees.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Bennett Associates