Richmond Brothers, Inc.
Richmond Brothers, Inc., founded in 2011 and headquartered in Jackson, Michigan, is an independent investment advisory and financial planning firm with approximately 10–20 employees. The firm specializes in comprehensive portfolio management, financial planning, and consulting for individuals, high-net-worth clients, businesses, pension plans, and charitable organizations. Richmond Brothers provides retirement strategies, wealth management, legacy planning, and insurance solutions, primarily serving clients seeking tailored investment and financial advice.
Investment Strategy
Richmond Brothers employs a comprehensive portfolio management approach, utilizing macro-financial, charting, fundamental, technical, and cyclical analysis. Investments may include ETFs, mutual funds, individual stocks and bonds, private placements, and alternative securities. Strategies include long-term and short-term purchases, trading, options, short sales, margin transactions, and selecting cash instruments for capital preservation. The firm customizes asset allocations based on clients’ financial goals, current resources, and risk tolerance, seeking to balance growth and preservation with tailored, risk-aware portfolios.
Top Holdings
Equity Positions (30)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | 24.90% | $38.0M | 68,936 | $517.16 | $551.64 | +$27.8M |
B BSV | VANGUARD BD INDEX FDS | 10.13% | $15.5M | 196,590 | $78.08 | $78.70 | -$12.3M |
B BIV | VANGUARD BD INDEX FDS | 6.12% | $9.3M | 120,855 | $76.74 | $77.34 | -$4.4M |
V VPU | VANGUARD WORLD FD | 4.94% | $7.5M | 42,771 | $173.01 | $176.51 | -$611.0K |
V VOX | VANGUARD WORLD FD | 4.93% | $7.5M | 44,004 | $146.04 | $171.03 | -$308.3K |