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Riggs Capital Management
Riggs Capital Management launched in 2002 as an SEC-registered investment advisory firm based in American Fork, Utah. It served individuals, retirement...
Riggs Capital Management
Riggs Capital Management launched in 2002 as an SEC-registered investment advisory firm based in American Fork, Utah. It served individuals, retirement accounts, and high-net-worth clients nationwide. The firm built its reputation on portfolio customization, matching each client's targeted return objectives and risk tolerance. The investment approach centered on broad asset-class diversification, continuous analysis, and deliberate minimization of taxes and transaction costs. The firm focused on traditional wealth management services — investment management and financial planning — rather than direct private-market deals or fund commitments. No specific portfolio companies, co-investors, or geographic concentrations beyond the United States are publicly disclosed. On May 30, 2025, Riggs Capital Management merged with Merit Financial Advisors. The announcement confirmed the same team, local office in American Fork, and client resources would continue, now backed by Merit's expanded support and services. Structurally, the merger shifts Riggs from a standalone boutique to a unit within a larger financial-advisory platform. The firm's architecture now depends on Merit's infrastructure for technology, cybersecurity, and operational scale. No named principals or succession details appear in any public source.
General information
Firm type
Bank / Wealth / Trust
Year founded
2002
AUM
Undisclosed
Location
Region
North America
Country
United States
City
American Fork
Corporate office
American Fork, UT, United States
Frequently asked questions
What happened to Riggs Capital Management in 2025?
Riggs Capital Management merged with Merit Financial Advisors, effective May 30, 2025. The firm announced the move as a new phase, keeping the same team, local office in American Fork, and client resources while adding Merit's expanded support and services.
How did Riggs Capital Management invest client assets?
Riggs specialized in customized portfolio construction matched to individual client return objectives and risk tolerance. Its process emphasized broad diversification within asset classes, ongoing investment analysis, and deliberate minimization of taxes and transaction costs.
Does Riggs Capital Management invest in private markets or make direct deals?
Public disclosures describe Riggs strictly as an investment advisory firm focused on portfolio design and management. No venture capital, private equity, direct-deal, or fund-commitment activity appears in any available source.
Who ran Riggs Capital Management before the merger?
No named principals, founders, or key investment decision-makers appear on the firm's current website, LinkedIn, or in the merger announcement. Public records do not identify individual leadership prior to the Merit combination.
Where is Riggs Capital Management headquartered and where did it operate?
The firm is headquartered in American Fork, Utah. It provided services to individuals and institutions across the United States. No additional office locations are disclosed.
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