R Squared Bm Llc
- Regulatory AUM
- $3.3B
- Discretionary
- $3.2B
- Clients
- 457
- Avg AUM / client
- $7.3M
- Accounts
- 457
- Employees
- 15
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 424 | $565M | 16.9% |
| Pension and profit sharing plans | 10 | $1.8B | 53.1% |
| Charitable organizations | 2 | $43.0M | 1.28% |
| State or municipal government entities | 10 | $412M | 12.3% |
| Corporations and other businesses | 10 | $412M | 12.3% |
| Other | 1 | $137M | 4.09% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Pension Fund Of Local No. One Of I. A. T. S. E. Board Of Trustees, Pension Fund Of Local No. One Of I.A.T.S.E. | 2024 | |
| Pipeline Industry Pension Fund Pipeline Industry Pension Fund | Tulsa, OK | 2024 |
People (10)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kang, Myungkyu, David | Chairman And Ceo | Jun 2019 (7y) | ≈ 18.75% – 50% via Rsmd Investco Llc | |
| Leung, Michael | Member/Shareholder W/O Management Rights | Jun 2019 (7y) | ≈ 18.75% – 50% via Rsmd Investco Llc | |
| Kim, Brian, Yuhyun | President Administration | Mar 2020 (6y) | Less than 5% | |
| Rall, Jason | Chief Compliance Officer | Jul 2020 (6y) | Less than 5% | |
| Brothers, Jeffrey, Eric | Advisor | Aug 2020 (6y) | Less than 5% | |
| Damiani, Joel, Anthony | Chief Investment Officer | Jan 2024 (3y) | Less than 5% | |
| Timothy Patrick Torline | President Investment Operations | CFA | Jan 2024 (3y) | Less than 5% |
| Mark Steven Kavolius | Registered representative | Aug 2020 (6y) | ||
| Michael George Sanchez | Registered representative | Aug 2020 (6y) | ||
| Ryan O Malley | Registered representative | CFA | Jan 2024 (3y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Rsmd Investco Llc | Shareholder | Mar 2020 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Kang, Myungkyu, David: 25% – 50% of Rsmd Investco Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Leung, Michael: 25% – 50% of Rsmd Investco Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Pension Fund Of Local No. One Of I. A. T. S. E. | Board Of Trustees, Pension Fund Of Local No. One Of I.A.T.S.E. | 2,260 | $665M | 01/01/2024 |
| Pipeline Industry Pension Fund | Pipeline Industry Pension Fund | 2,034 | $1.7B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.02 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- State Street $1.2B (35% of AUM) Mar 2026
- Northern Trust $486M (15% of AUM) Mar 2026
- BNY Mellon $432M (12% of AUM) Mar 2024
- Comerica Bank Trust National Association $400M (12% of AUM) Mar 2026
- UBS $390M (12% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗