AdvisorCensus / Financial advisors / Richardson Wealth (USA) Limited
Richardson Wealth (USA) Limited is an SEC-registered investment advisory firm in Toronto, Ontario, Canada, registered since 2013, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 25, 2026.
Quick answers
From the filingHow is Richardson Wealth (USA) Limited compensated?
On its Form ADV (Item 5.E, October 2026), Richardson Wealth (USA) Limited reports these compensation arrangements: a percentage of assets under its management.
How much does Richardson Wealth (USA) Limited charge?
Its Form ADV Part 2A brochure dated August 25, 2026 states: Asset-based fee: 0.25% to 2.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Richardson Wealth (USA) Limited located?
Richardson Wealth (USA) Limited's principal office is in Toronto, Ontario, Canada, according to its Form ADV; the September 2026 filing also lists 16 other offices (Schedule D, Section 1.F).
Is Richardson Wealth (USA) Limited registered with the SEC or a state?
Richardson Wealth (USA) Limited is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166090.
How much does Richardson Wealth (USA) Limited manage?
Richardson Wealth (USA) Limited reports $243,943,262 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (100% discretionary).
How have Richardson Wealth (USA) Limited's assets and staff changed since 2021?
In the Form ADV data for Richardson Wealth (USA) Limited: Regulatory assets under management: $124,000,000 in the October 2021 data and $243,943,262 in the October 2026 data, up 97%. Total employees: 4 in October 2021 and 78 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Richardson Wealth (USA) Limited serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (215); high net worth individuals (44); corporations or other businesses not listed above (3).
Does Richardson Wealth (USA) Limited report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/166090
Does Richardson Wealth (USA) Limited state an account minimum?
Its Form ADV Part 2A brochure dated August 25, 2026 says: "Clients must typically have a minimum of $100,000 in assets, but this may be waived at RW (USA) discretion."
What changed in Richardson Wealth (USA) Limited's recent Form ADV filings?
In the September 2026 filing data: Added an office in Halifax. Added an office in North York. Added an office in Ottawa. Added an office in St Catharines.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.25% to 2.75% a year (a range, as the brochure states it)
The brochure's wording
The annual fee varies (between 0.25% and 2.75%) depending upon the market value of the assets under management and the type of investment management services to be rendered.
Account minimum: $100,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Clients must typically have a minimum of $100,000 in assets, but this may be waived at RW (USA) discretion.
As stated in the firm's Form ADV Part 2A brochure dated August 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$243,943,262 as of October 2026, filing dated August 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2013 (13 years)
- Employees
- Total: 78. Performing investment advisory functions: 74.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
16 other offices, as of the September 2026 filing
- States registered or notice-filed
-
32 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $243,943,262 | 78 | August 25, 2026 |
| October 2025 | $217,587,588 | 15 | March 28, 2025 |
| October 2024 | $193,340,834 | 15 | September 13, 2024 |
| October 2023 | $164,423,161 | 5 | August 25, 2023 |
| October 2022 | $174,100,000 | 5 | June 24, 2022 |
| October 2021 | $124,000,000 | 4 | April 15, 2021 |
Regulatory assets under management: $124,000,000 in the October 2021 data and $243,943,262 in the October 2026 data, up 97%.
Total employees: 4 in October 2021 and 78 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- September 2026
- Added an office in Halifax.
- Added an office in North York.
- Added an office in Ottawa.
- Added an office in St Catharines.
- April 2026
- Employees performing advisory functions went from 0 to 74.
- Regulatory assets under management went from $217,587,588 to $243,943,262 (+12%).
- Added an office in Burlington.
- Added an office in Calgary.
- Added an office in Comox.
- Added an office in Edmonton.
- Added an office in Guelph.
- Added an office in Kitchener.
- Added an office in Montreal.
- Added an office in Pointe-Claire.
- Added an office in Saskatoon.
- Added an office in Toronto.
- Added an office in Vancouver.
- Added an office in Winnipeg.
- January 2026
- No longer registered or notice-filed in IN, MD, MN, NE, NV, SC.
- Updated its list of owners and control persons (Schedule A).
- December 2025
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Richardson Wealth (USA) Limited (CRD 166090): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/richardson-wealth-usa-limited-toronto-ontario-166090