Redwood Grove Wealth Management

Redwood Grove Wealth Management LLC, established in 2009, specializes in asset management and comprehensive financial planning services. The firm, led by majority owner Tanya K. Steinhofer, manages $131,765,735 in assets as of December 31, 2024, on a discretionary basis. Their investment philosophy emphasizes diversification, market efficiency, long-term strategic allocations, and tax-efficient, low-cost investing, primarily utilizing passive index mutual funds and exchange-traded funds (ETFs). RGWM offers fee-based investment advisory services and may engage third-party sub-advisers to manage client assets. Financial planning services cover various areas such as retirement planning, tax planning, and estate planning. The firm charges fees based on a percentage of the portfolio value, with a minimum fee of $5,000/year. Clients have the right to cancel the Financial Planning Agreement within five business days and can impose restrictions on RGWM's discretionary authority. RGWM does not charge performance-based fees and serves individuals and families with no minimum account size requirement. The firm acts as a fiduciary, providing investment discretion and ongoing client communication, with a focus on long-term investment strategies and risk management.