# 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.

- CRD: 166090
- Filed as: RICHARDSON WEALTH (USA) LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, Ontario, Canada
- Filing period: October 2026
- Form ADV filing dated: August 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166090
- AdvisorCensus page: https://advisorcensus.com/firm/richardson-wealth-usa-limited-toronto-ontario-166090

## Quick answers

**How 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

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated August 25, 2026)

- Asset-based fee: 0.25% to 2.75% a year (a range, as the brochure states it)

> 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)

> 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 brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $243,943,262
- Discretionary: $243,943,262
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 215 | $61,895,607 |
| High net worth individuals | 44 | $148,314,045 |
| Corporations or other businesses not listed above | 3 | $33,733,610 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2013 (13 years)
- Employees: 78 total, 74 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, KS, LA, MA, MI, MO, NC, NJ, NY, OH, OK, OR, PA, RI, TN, TX, VA, VT, WA, WI, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Burlington
- Calgary
- Comox
- Edmonton
- Guelph
- Halifax
- Kitchener
- Montreal
- North York
- Ottawa
- Pointe-Claire
- Saskatoon
- St Catharines
- Toronto
- Vancouver
- Winnipeg

### Websites listed on Form ADV (Item 1.I)
- [usa.richardsonwealth.com](https://usa.richardsonwealth.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $124,000,000 | 4 | April 15, 2021 |
| October 2022 | $174,100,000 | 5 | June 24, 2022 |
| October 2023 | $164,423,161 | 5 | August 25, 2023 |
| October 2024 | $193,340,834 | 15 | September 13, 2024 |
| October 2025 | $217,587,588 | 15 | March 28, 2025 |
| October 2026 | $243,943,262 | 78 | August 25, 2026 |

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.

## 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Richardson Wealth (USA) Limited (CRD 166090): Form ADV filing data as of October 2026.