Riverland Wealth Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Riverland Wealth Management serves individual clients (including high-net-worth individuals), charitable organizations, and businesses with investment management, project-based financial planning, and retirement plan consulting. The fee‑only, owner-operated firm manages about $53.3 million in discretionary assets for roughly 319 clients through a small advisory team.
The firm’s investment approach is asset-allocation driven and grounded in Modern Portfolio Theory, combining passive and active vehicle selections and relying primarily on stocks, bonds, mutual funds, ETFs, and cash equivalents. It provides discretionary portfolio management while also recommending, on a non-discretionary basis, less-traditional alternative investments when appropriate and offers access to institutional 529 investment options through Charles Schwab’s platform.
Noteworthy characteristics compared with peers include its relatively large client base supported by a small number of advisors, resulting in a higher clients-per-advisor workload than is typical for similarly supported firms. Riverland also maintains standing letters of instruction for a substantial subset of clients and implements trades on an individual rather than aggregated (block) basis, which can influence trade execution and administrative handling.
Client services
Expertise
Fee options
$0 - $100,000: 1.30% $100,001 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.90% $2,000,001 - $3,000,000: 0.80% $3,000,001 - $10,000,000: 0.75%
$125 per hour for project-based financial planning
Fee-only: Fee-only firm; no commissions or other sales-related compensation
Main office
P.O. Box 95158
North Little Rock AR 72190, United States
Most active in
Arkansas · Texas
Also doing business as
Riverland Wealth Management · Riverland Wealth Management, 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
Townsend P
Series 66
Conway, AR
Riverland Wealth Management
Townsend Phipps is a financial advisor at Riverland Wealth Management with 10 years of industry experience. He holds a Series 66 designation and has worked at Riverland Wealth Management since 2022. Prior to this, he was employed at Trutoro and NEXT Financial Group. Outside of his advisory role, Phipps is the president and owner of Rhinestone Capital Investments, LLC, where he also holds a real estate broker license. Riverland Wealth Management serves individual clients, charitable organizations, and businesses with investment management, financial planning, and retirement plan consulting. The fee-only firm employs an asset-allocation approach based on Modern Portfolio Theory, combining active and passive investment vehicles and managing approximately $53.3 million in discretionary assets.
Elizabeth C
Series 65
Conway, AR
Riverland Wealth Management
Elizabeth Chapman is a financial advisor at Riverland Wealth Management with a Series 65 designation and one year of industry experience. Prior to joining the firm full-time, she held positions at Conway Women's Health Center, Quiznos, University of Arkansas Community College, Cold Stone Creamery, and a primary school. Riverland Wealth Management serves individual clients, charitable organizations, and businesses with investment management, financial planning, and retirement plan consulting. The fee-only firm manages approximately $53.3 million in discretionary assets for about 319 clients, employing an asset-allocation approach based on Modern Portfolio Theory that utilizes both passive and active investment vehicles.
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