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Ray|Theil Wealth Management
Ray|Theil Wealth Management is an Ohio RIA founded in 2011 by Andrew Ray and Jason Theil, serving individuals, trusts, and endowments.
Ray|Theil Wealth Management
Andrew Ray and Jason Theil launched Ray|Theil Wealth Management in 2011, establishing the registered investment advisor in Beavercreek, Ohio. The firm operates as a multi-client wealth manager, serving individuals alongside pension plans, trusts, and charitable endowments. Its structure as an RIA binds it to a fiduciary standard, meaning investment advice must place client interests ahead of firm revenue — a legal architecture that distinguishes its model from broker-dealer affiliated competitors in the Dayton corridor. The firm manages assets across public equities, fixed income, and mutual fund and ETF portfolios, with allocations tailored to individual client balance sheets rather than a single house strategy. Its geographic footprint concentrates on Ohio's Miami Valley region. The firm does not market direct co-investments or proprietary venture funds, positioning itself instead as a centralized allocator and planning resource for families and institutions that require tax-aware portfolio construction and retirement income modeling. The principals, Andrew Ray and Jason Theil, function as lead advisors and portfolio managers, maintaining a deliberately lean operational footprint. The firm has not disclosed total assets under management or aggregate deployment figures publicly, indicating a client book built through direct, local relationships rather than institutional marketing. Ray|Theil's structural differentiator rests on its RIA charter in a market where bank-affiliated advisory models predominate. By operating independently, the firm avoids proprietary-product mandates, giving it flexibility to select third-party managers and strategies. Its multi-generational focus — spanning individual retirement accounts, trust vehicles, and endowment pools — creates a planning architecture that links wealth transfer mechanics directly to portfolio design, rather than treating them as separate service lines.
General information
Firm type
Multi Family Office
Year founded
2011
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Beavercreek
Corporate office
Beavercreek, Ohio, United States
Principals
Andrew Ray
Principal
Jason Theil
Principal
Frequently asked questions
Who runs investment decisions at Ray|Theil Wealth Management?
Andrew Ray and Jason Theil, the firm's founding principals, serve as lead advisors and portfolio managers. They operate as a flat team, with both principals directly involved in portfolio construction and client relationships. The firm has not disclosed a separate chief investment officer or investment committee beyond the named principals.
Is Ray|Theil structured as a single family office or does it operate as a multi-client wealth manager?
Ray|Theil operates as a registered investment advisor serving multiple clients, not as a single family office. Its client base includes individuals, pension plans, trusts, and charitable endowments. The RIA structure imposes a fiduciary duty, legally requiring the firm to prioritize client interests in all advisory activities.
Does Ray|Theil participate in fund commitments or only direct portfolio management?
Ray|Theil constructs client portfolios primarily using public equities, fixed income, and pooled vehicles such as mutual funds and ETFs. The firm has not publicly disclosed participation in private fund commitments, direct co-investments, or venture capital allocations. Its approach centers on liquid, transparent asset classes that support the tax and income planning needs of its client base.
What is Ray|Theil's known posture on serving institutional versus individual clients?
The firm serves a blended client base that mixes individual and family relationships with institutional accounts including pension plans and charitable endowments. This dual focus shapes its portfolio construction: institutional accounts may require adherence to specific policy statements and liquidity constraints, while individual relationships demand tax-aware asset location and retirement distribution modeling.
Where does the firm's name come from, and are the founders still active?
The name combines the surnames of co-founders Andrew Ray and Jason Theil. Both remain active principals in the firm, serving as the primary advisors and portfolio managers. The firm has not disclosed succession plans or the addition of other equity-holding partners.
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