Broker-dealer firm · Spokane, WA
Richards Merrill Wealth Management
Richards, Merrill & Peterson, Inc. · SEC-registered investment adviser · CRD 713 · SEC 801-113034
At a glance
Richards Merrill Wealth Management is an SEC-registered investment adviser based in Spokane, Washington, with $644 million in regulatory assets under management as of its Form ADV filed March 10, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 1,270 individual clients. By Form ADV it is a broker-dealer firm, ranked 186th of 391 broker-dealer firms and 6,840th of 17,210 SEC-registered advisers by assets.
Main office 509-624-3174rmwealthmgmt.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $644M
- Rank among broker-dealer firms
- #186 of 391
- Rank among all SEC RIAs
- #6,840 of 17,210
- Rank in Washington
- #84 of 271
- Individual clients
- 1,270
- High-net-worth clients
- 176
- Accounts
- 1,280
- Discretionary
- 86% of AUM
- Employees
- 10
- Advisory staff
- 10
- Offices
- 1
Owners and executives on its Form ADV
- Steven Richard LarsonChairman Emeritus
- John Scott LarsonCEO Chairman of the Board
- Thomas Lee McDonaldExecutive Vice President CFO & BD Co-Cco
- Monique Celeste CoriglianoRegistered Representative
- Mark J CalkinsPresident Co-Cco
- Charles David CowgillRIA Co-Cco
Custody and brokerage
Broker-dealer
Hybrid RIA
Richards Merrill Wealth Management is a hybrid RIA: 10 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 176 | $345M | 54% |
| Individuals | 1,094 | $202M | 31% |
| Pension and profit sharing plans | 7 | $72M | 11% |
| Charitable organizations | – | $24M | 4% |
Disciplinary disclosures
Richards Merrill Wealth Management answers yes to 11 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗rmwealthmgmt.com ↗
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The full record on Richards Merrill Wealth Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
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- Growth over one, three and five years
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- Rank against 144 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 1Locked
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Background
Questions
How much does Richards Merrill Wealth Management manage?
Richards Merrill Wealth Management reports $644 million in regulatory assets under management across 1,280 accounts, 86% of it on a discretionary basis, on its Form ADV filed March 10, 2026.
What kind of firm is Richards Merrill Wealth Management?
Richards Merrill Wealth Management is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are Richards Merrill Wealth Management’s clients?
By assets, its largest client types are high-net-worth individuals ($345 million, 176 clients); individuals ($202 million, 1,094 clients); pension and profit sharing plans ($72 million, 7 clients).
Does Richards Merrill Wealth Management have any disciplinary history?
Richards Merrill Wealth Management answers yes to 11 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Richards Merrill Wealth Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-10), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →