SERVICES

Investment Management Services

We are in the business of managing individually tailored investment portfolios. Our firm provides continuous advice to a Client regarding the investment of Client funds based on the individual needs of the Client. Through personal discussions in which goals and objectives based on a Client's particular circumstances are established, we develop a Client's personal investment policy or an investment plan with an asset allocation target and create and manage a portfolio based on that policy and allocation targets. We will also review and discuss a Client’s prior investment history, as well as family composition and background.

Held Away Account Services

We provide an additional service for accounts not directly managed by our firm but where we do have discretion and may leverage an Order Management System to implement asset allocation or rebalancing strategies on behalf of the client. These are primarily 401(k) accounts, 529 plans, variable annuities, and other assets we do not custody. It is also possible that these accounts will be serviced on a non-discretionary basis, for which we regularly review the current holdings and available investment options in these accounts, monitor the accounts, and provide recommendations to the Client with regards to rebalancing and implementing our strategies as necessary.

Project-Based Financial Planning Fixed Fee

Financial Planning Analysis

This service involves the one-time creation of a comprehensive financial planning report with tailored recommendations to help the Client achieve their financial goals. The fee for this service ranges from $2,500-$5,000, depending on complexity and the needs of the Client. Half of the fee is due at the beginning of the engagement and the remainder is due upon delivery of the comprehensive report. After the data gathering process has been completed, a comprehensive financial planning analysis will be performed and a report that includes tailored recommendations to help the Client achieve their financial goals will be provided to the Client and reviewed together. The cost of this service includes three meetings: the initial meeting to identify the Client’s goals and gather data, the planning report meeting to discuss RWM’s findings and recommendations, and a follow up meeting to evaluate what progress the Client has made with implementing the recommendations.   

Retirement Planning Analysis

This service involves the one-time creation of a financial planning report with tailored recommendations to help the Client achieve their retirement planning related goals. The fee for this service ranges from $1,500-$3,000, depending on complexity and the needs of the Client. Half of the fee is due at the beginning of the engagement and the remainder is due upon delivery of the comprehensive report. After the data gathering process has been completed, a retirement planning analysis will be performed and a report that includes tailored recommendations to help the Client achieve their retirement planning related goals will be provided to the Client and reviewed together. The cost of this service includes three meetings: the initial meeting to identify the Client’s goals and gather data, the planning report meeting to discuss RWM’s findings and recommendations, and a follow up meeting to evaluate what progress the Client has made with implementing the recommendations.   

Investment Planning Analysis

This service involves the one-time creation of an investment planning report with tailored recommendations related to proper asset allocation, asset location, and diversification strategies. The fee for this service ranges from $1,500-$3,000, depending on complexity and the needs of the Client. Half of the fee is due at the beginning of the engagement and the remainder is due upon delivery of the report. After the data gathering process has been completed and the appropriate risk tolerance levels of the Client have been determined, an analysis will be performed and a report that includes tailored recommendations to help the Client achieve their investment planning related goals will be provided to the Client and reviewed together. The cost of this service includes three meetings: the initial meeting to identify the Client’s goals and gather data, the planning report meeting to discuss RWM’s findings and recommendations, and a follow up meeting to evaluate what progress the Client has made with implementing the recommendations.

Education Funding Analysis

This service involves the one-time creation of an education funding report with tailored recommendations to help the Client achieve their goals related to saving and paying for K-12, undergraduate, and/or postgraduate education expenses. The fee for this service ranges from $750-$1,250, depending on complexity and the needs of the Client. A discounted fee may also apply if an education funding analysis is required for more than one child/family member. Half of the fee is due at the beginning of the engagement and the remainder is due upon delivery of the comprehensive report. After the data gathering process has been completed, an education funding analysis will be performed and a report that includes tailored recommendations to help the Client achieve their education funding goals will be provided to the Client and reviewed together. The cost of this service includes three meetings: the initial meeting to identify the Client’s goals and gather data, the planning report meeting to discuss RWM’s findings and recommendations, and a follow up meeting to evaluate what progress the Client has made with implementing the recommendations.  

 

 

Student Loan Advising Analysis

This service involves the one-time creation of a student loan advising report with tailored recommendations to help the Client achieve their goals related to financing higher education expenses through the use of qualified education loans and/or devising the optimal student loan repayment strategy. The fee for this service ranges from $750-$2,000, depending on complexity and the needs of the Client. A discounted fee may also apply if a student loan advising analysis is required for more than one borrower/family member. Half of the fee is due at the beginning of the engagement and the remainder is due upon delivery of the comprehensive report. After the data gathering process has been completed, an education funding analysis will be performed and a report that includes tailored recommendations to help the Client achieve their goals will be provided to the Client and reviewed together. The cost of this service includes three meetings: the initial meeting to identify the Client’s goals and gather data, the planning report meeting to discuss RWM’s findings and recommendations, and a follow up meeting

Financial Planning Hourly Fee

Hourly Financial Planning engagements are offered at a two-hour minimum at an hourly rate of $250-$350 per hour based on complexity and needs of the Client. The fee may be negotiable in certain cases and is due at the completion of the engagement. In the event of early termination by the Client, any fees for the hours already worked will be due. Fees for this service may be paid by electronic funds transfer, check or credit card.

Ongoing Comprehensive Financial Planning

Ongoing Financial Planning consists of an upfront charge of $500 and an ongoing fee that is paid quarterly, in arrears, at the rate of $750-$3,000 per quarter, based on complexity and needs of the Client. The fee may be negotiable in certain cases.  Fees for this service may be paid by electronic funds transfer, check or credit card. This service may be terminated  at any time. Since fees are paid in arrears, no refund will be needed upon termination of the account.

The upfront portion of the Ongoing Financial Planning fee is for Client onboarding, data gathering, and setting the basis for the financial plan. This work will commence immediately after the fee is paid, and will be completed within the first 30 days of the date the fee is paid. Therefore, the upfront portion of the fee will not be paid more than 6 months in advance.