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Riverland Wealth Management
Townsend Phipps opened Riverland Wealth Management in Maumelle, Arkansas, in 2022. He had been an investment advisor since 2016. The firm operates as a...
Riverland Wealth Management
Townsend Phipps opened Riverland Wealth Management in Maumelle, Arkansas, in 2022. He had been an investment advisor since 2016. The firm operates as a registered investment adviser for individuals, high-net-worth individuals, and businesses. Phipps is designated a SmartVestor Pro through Dave Ramsey, tying the firm to a national referral network that shapes its client mix. Riverland structures its offerings around three core services: Roth IRA setup and investment, old employer plan rollovers (401(k) and 403(b)), and broader investment planning. The firm does not publicize an asset-allocation model or disclose separate account minimums, but its client-facing language centers on retirement readiness and tax-free growth. Geographic focus is local, with the advisory business drawing from the Little Rock–Maumelle corridor and its surrounding communities. Chief Compliance Officer Elizabeth Chapman has been with the firm since its inception in 2022. In 2026, Account Executive Peyton Smith joined and began focusing on client service and relationship management. Riverland does not disclose a total number of client relationships, assets under advisement, or any affiliations with third-party separate-account managers. No adjacent vehicles — such as a foundation or real-asset arm — appear in public filings or on the firm's website. Riverland's structural distinction is its position inside the SmartVestor network. The program connects Ramsey listeners to local advisors who pay to be listed and who agree to a vetting process built around Ramsey's investment philosophy. This gives a three-person advisory in Arkansas a steady marketing channel that most peers its size do not have, while simultaneously defining the firm's cultural stance on debt, mutual funds, and retirement planning.
General information
Firm type
Bank / Wealth / Trust
Year founded
2022
AUM
Undisclosed
Location
Region
North America
Country
United States
City
North Little Rock
Corporate office
Maumelle, AR, United States
Principals
Townsend Phipps
Owner & CFO
Elizabeth Chapman
CCO
Peyton Smith
Account Executive
Frequently asked questions
Who runs investment decisions at Riverland Wealth Management?
Townsend Phipps, the firm's Owner and CFO, leads investment planning. He has worked as an investment advisor since 2016 and carries the SmartVestor Pro designation through Dave Ramsey. The firm does not disclose a separate chief investment officer or an external investment committee.
How does Riverland's SmartVestor Pro affiliation shape the advisory business?
As a SmartVestor Pro, Phipps is listed in Dave Ramsey's national referral directory, which funnels Ramsey listeners to his firm. Advisors in the network pay to participate and are vetted under Ramsey's criteria. This arrangement provides Riverland with a low-cost client-acquisition channel tied to a specific financial philosophy that emphasizes debt avoidance and long-term mutual fund investing.
What is Riverland Wealth Management's known posture on co-investments or alternative assets?
Riverland's public materials focus entirely on retirement accounts, rollovers, and investment planning for individuals and businesses. The firm does not reference co-investments, private funds, venture capital, or real asset programs on its website. For an institutional allocator, Riverland would not be an access point to private or alternative deal flow.
Is Riverland a family office, or does it manage outside client capital?
Riverland Wealth Management is a registered investment adviser, not a single-family office. It serves outside individuals, high-net-worth individuals, and businesses. While Townsend Phipps leads the firm, there is no public disclosure of an affiliated family office or proprietary family capital vehicle.
What compliance and advisory infrastructure supports Riverland?
Elizabeth Chapman has served as Chief Compliance Officer since the firm launched in 2022, overseeing regulatory obligations and operational processes. The firm is a registered investment adviser under SEC or state regulation appropriate to its size. It does not publicly disclose its custodian, clearing arrangements, or third-party compliance consultants.
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