# Anchor Wealth Management Group

Anchor Wealth Management Group is a Multi Family Office based in West Palm Beach, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** West Palm Beach, United States
- **Region:** North America
- **Address:** Rockford, IL, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** anchorwealth.com
- **LinkedIn:** https://www.linkedin.com/company/anchor-wealth-managment-group-llc

## Regulatory record

- **CRD number:** 329286
- **SEC file number:** 801-129794
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/329286

## About

Stop Drifting Start Planning | Anchor Wealth Management is a comprehensive financial services firm committed to helping our clients improve their long-term financial success. Our customized programs are designed to help grow, protect, and conserve our clients’ wealth by delivering an unprecedented level of personalized service and professionalism.

## Sectors

- Wealth Management
- Financial Planning

## People

- David R. Rydell — Founder and Managing Partner

## Questions

### Who runs investment decisions at Anchor Wealth Management?

David R. Rydell, the founder and managing partner, leads the investment committee. The firm operates as a boutique practice without a large analyst bench, so portfolio construction and manager selection flow through a concentrated senior leadership group. This centralization keeps decision-making responsive to individual family situations rather than institutionalized committee layers.

### How does Anchor source its client relationships?

Anchor does not pursue mass-market marketing or aggregator referral networks. The client base accretes from professional-circle introductions in Rockford's business community — attorneys, CPAs, and exiting entrepreneurs who refer peers. This closed-loop sourcing means the firm rarely onboards clients who have not been vetted through existing trust networks.

### Does Anchor participate in proprietary fund offerings or alternative investments?

No. Anchor does not issue proprietary funds or structured products. When client allocations call for alternatives, the firm evaluates third-party vehicles — publicly traded REITs, interval funds, or externally managed private strategies — that fit within its fee-only fiduciary framework. The absence of in-house product removes the conflict that arises when an advisor both manufactures and distributes investments.

### What is Anchor Wealth Management's posture on firm succession?

Anchor has not publicized a formal next-generation transition plan, making succession a question that prospective multigenerational clients should explore directly. For an independent RIA built around its founder, the durability of the advisory relationship beyond Rydell's active tenure depends on internal grooming or eventual external partnership — neither of which has been disclosed publicly.

### How does Anchor handle tax planning for business owners?

Tax strategy threads through portfolio construction rather than operating as a standalone service. Anchoring on the concentrated stock positions and pass-through income structures common to Midwestern manufacturers, the firm layers municipal bond ladders, tax-loss harvesting, and qualified retirement plan design into the investment mandate. Anchor coordinates directly with client CPAs rather than replacing them.

## Related profiles

- [FIERCE Wealth Management Group](https://altss.com/profile/fierce-wealth-management-group-llc)
- [7V AI Management](https://altss.com/profile/7v-ai-management-llc)

---

Last updated: 2026-07-06T01:24:11.342Z

Canonical page: https://altss.com/profile/anchor-wealth-management-group-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology