Former Edelman Executive Goes Independent with RFG Advisory 

RFG Advisory (RFG), a hybrid registered investment advisor platform, has launched Strodtman Wealth Management (SWM). Founded by Patrick Strodtman, SWM expands RFG’s presence in the Dallas-Fort Worth area and becomes the fifth Texas-based advisory team to join the firm. 

SWM offers financial planning, investment management, retirement planning, tax strategy and estate planning. Strodtman partnered with RFG to leverage its advisor support platform. 

With nearly 10 years of experience in the financial services industry, Strodtman has held various roles at well-known financial institutions, including Fidelity Investments and Empower Retirement. Most recently, he served as director, financial planning at Edelman Financial Engines. 

“RFG serves as a true partner in supporting my clients,” said Strodtman. “Their extensive suite of back-office solutions provides the support I need to run my business effectively, allowing me to concentrate my efforts on creating customized plans that help clients achieve their financial goals.” 

SWM is the latest in a series of independent advisory firms to launch businesses on RFG’s platform. Earlier this month, RFG announced the launches of TrekNorth Investment Management and Matterhorn Private Wealth. 

In August of 2023, RFG Advisory announced it received a “substantial” investment from Long Ridge Equity Partners, a private equity firm focused on the financial and business technology sectors, in its first outside capital raise. 

Connect Money will spotlight rising stars who have made a valuable contribution to the wealth management industry. Based on your nomination, we will recognize professionals who have significantly influenced both the workplace and community. The deadline is February 26. Click here to submit your nominations.