North River Wealth Advisors
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
North River Wealth Advisors provides investment management and comprehensive financial planning to individuals (including high-net-worth clients), as well as pension and profit-sharing plans, charitable organizations, and businesses. The firm delivers ongoing, tailored planning and account supervision and gives clients access to a client portal for plan delivery and monitoring.
The firm’s investment approach is grounded in Modern Portfolio Theory and blends passive and active managers with strategic and tactical asset-allocation decisions to match portfolios to clients’ risk tolerances and goals. Risk-management and tax-aware placement are incorporated into financial planning work across cash flow, retirement, estate, insurance, and college-planning analyses, with quarterly reporting and annual plan reviews.
Distinctive features include operating as a small supported adviser—managing roughly $65.8 million for about 106 clients with a two-advisor team that brings prior institutional experience—and maintaining credentialed staff, including a CFA charterholder and a CFP® professional. The firm publicly references third-party ratings, a practice uncommon among peers, and generally recommends Charles Schwab as the custodian for client accounts.
Client services
Expertise
Fee options
Ongoing Financial Planning: upfront charge $500-$4,000 plus $300-$1,500 per quarter paid quarterly in arrears; Project-Based Financial Planning: fixed fee $1,000-$10,000, half due upfront, remainder due upon completion
$0 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.90% $2,000,001 - $5,000,000: 0.80% $5,000,001+: 0.70%
Main office
5800 Corporate Drive Suite 300
Pittsburgh PA 15237
Advisors at this office
2
Most active in
Pennsylvania · Texas
Also doing business as
North River Wealth Advisors · North River Wealth Advisors LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
Advisors at this firm
Stephen B
Series 63, Series 65
Pittsburgh, PA
North River Wealth Advisors
Stephen Blahovec is a financial advisor at North River Wealth Advisors with eight years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at BNY Mellon for nine years before joining North River Wealth Advisors. North River Wealth Advisors provides investment management and comprehensive financial planning to individuals, pension and profit-sharing plans, charitable organizations, and businesses. The firm employs a Modern Portfolio Theory-based approach combining passive and active management with strategic asset allocation, integrating risk management and tax-aware planning across various financial areas.
Michael R
CFA®
Pittsburgh, PA
North River Wealth Advisors
Michael Rausch is a CFA® charterholder with three years of industry experience. He has worked at North River Wealth Advisors since 2022 and previously spent 15 years at BNY Mellon. North River Wealth Advisors provides investment management and comprehensive financial planning to individuals, pension and profit-sharing plans, charitable organizations, and businesses. The firm employs a blend of passive and active managers guided by Modern Portfolio Theory, incorporating risk management and tax-aware strategies across various planning areas.
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