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Richard Eugene Wait

RSW WEALTH MANAGEMENT
RENO, NV
·CRD# 5781906·9 years experience

Professional Summary

Richard Eugene Wait is a registered financial advisor currently at RSW WEALTH MANAGEMENT located in Reno, Nevada. Richard is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2017. Richard has worked at 1 firm and has passed the Series 65 exam.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities. Check for any disclosures as part of your thorough research when choosing an advisor.

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Years of Experience

9 years in the financial services industry

Current & Past Employments

RSW WEALTH MANAGEMENT·CRD# 284240
RIA
6566 S. Mccarran Blvd Suite A, Reno, NV 89509
February 3, 2017 - Present

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Current Firm

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RSW WEALTH MANAGEMENT

RS WAIT, CHTD. | RSW, CHTD. | RSW WEALTH MANAGEMENT

CRD#: 284240
Nevada
Registered Investment Advisory firm - Nevada (8/19/2016 Approved)

Contact Information

Main Address

6566 S. Mccarran Blvd Suite A, Reno, NV 89509

Mailing Address

Po Box 10980, Reno, NV 89510-0980

Phone Number

(775) 825-7637

# of Employees

2

Documents

Latest Form ADV

Regulatory Assets Under Management

Total Number of Accounts

77

AUM (Assets Under Management)

$51,018,049

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Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

FOLLOWING ARE THE OTHER BUSINESS ACTIVITIES OF MR. RICHARD WAIT: 1) A SHAREHOLDER AND A CPA OF RS WAIT, CHTD, AN ACCOUNTING FIRM IN RENO, NV SINCE FEBRARY 1995. THE NATURE OF BUSINESS IS NOT INVESTMENT-RELATED. MR. WAIT DEVOTES APPROXIMATELY 80 HOURS PER MONTH TO THE ACCOUNTING PRACTICE. HIS DUTIES INCLUDE ACTING IN THECAPACITY OF A CPA AND PROVIDING ACCOUNING SERVICES TO THE COMPANY'S CLIENTS. 2) A 50% PARTNER IN RJ LLC, A PARTNERSHIP THAT OWNS A COMMERCIAL REAL ESTATE PROPERTY IN RENO, NEVADA SINCE FEBRUARY 1999. THE NATURE OF THE BUSINESS IS NOT INVESTMENT-RELATED. MR. WAIT DEVOTES 8 HOURS PER MONTH TO THIS OTHER BUSINESS ACTIVITY, 6 OF WHICH OCCUR DURING SECURITIES TRADING HOURS. MR. WAIT'S DUTIES INCLUDE: NEGOTIATE LEASE AGREEMENTS WITH TENANTS, DISCUSS MARKETING, PROMOTION AND RENTER CANDIDATES WITH COMMERCIAL PROPERTY BROKER, AND ARRANGE FOR REPAIRS AND MAINTENANCE OF PROPERTY. 3) A DIRECTOR OF SIERRA NEVADA MASTERS SWIMMING, INC., A NON-PROFIT ORGANIZATION IN RENO, NV SINCE MAY OF 2019. THE NATURE OF THE BUSINESS IS NOT INVESTMENT-RELATED. HIS DUTIES ARE TO PROVIDE PERIODIC FINANCIAL GUIDANCE FOR THE DOMESTIC NONPROFIT CORPORATION. MR. WAIT SPENDS 1.5 HOURS PER MONTH IN HIS ROLE AS A DIRECTOR. 4) A DIRECTOR FOR SIERRA NEVADA WATER POLO, INC. SINCE 2018. THE ORGANIZATION IS A DOMESTIC NONPROFIT COOPERATIVE CORPORATION WITHOUT STOCK. HIS DUTIES ARE TO PROVIDE PERIODIC FINANCIAL GUIDANCE FOR THE DOMESTIC NONPROFIT CORPORATION. MR. WAIT SPENDS 1.5 HOURS PER MONTH IN HIS ROLE AS A DIRECTOR.

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.
IAR
Nevada
(2/3/2017)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Jan 2017About the Series 65 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Richard Eugene Wait's CRS (Customer Relationship Summary).

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