Retirement Management Systems

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Client assets under management

$1,886,716,918

Clients

3,032

18% high-net worth

Advisors

of 11 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

758

Very High

Average account size

$622,268

About

Retirement Management Systems provides savings plan management, portfolio management, financial planning, and plan‑sponsor consulting to individual and high‑net‑worth clients as well as corporations and retirement plans. The firm delivers these services both directly and through relationships with other RIAs and Investment Adviser Representatives, and it also offers educational seminars and workshops for employees, advisors, and plan sponsors.

RMS constructs diversified portfolios using seven model allocations that span conservative to aggressive objectives, developed in consultation with LSA Portfolio Analytics, and implements advice on both a discretionary and non‑discretionary basis. The firm uses investor profiling and periodic rebalancing to manage risk and communicates quarterly allocation recommendations to participants who choose the DIY implementation option.

Compared with many peer teams, RMS operates at a large scale for its advisor count: it reports roughly $1.89 billion in discretionary assets across about 4,100 accounts and more than 3,000 clients with four advisors, resulting in an unusually high client load and AUM per advisor. RMS also combines participant‑facing plan services (including quarterly education and allocation guidance) with formal plan‑sponsor fiduciary offerings (3(21)/3(38) services), a mix that is less common among similar sized team firms.

Client services

Financial planning Portfolio management Pension consulting Educational seminars or workshops Asset allocation advice

Expertise

Retirement plans for business owners (SEP, solo 401k) General retirement planning

Fee options

Fixed

Financial Plan preparation fee typically $0 to $2,500, flat fees for consultation services negotiated case-by-case.

Percentage

$0+: 0.10% to 0.85% annually (asset-based portion of Program Fee) $0+: 0.05% to 0.50% annually for Plan Sponsor Consulting Services

Project-based

Consultation Services typically $250 - $500 per hour.

Other

Account minimum: $1,500 Minimum fee: Enrollment Fee of $1,000 (currently waived), Program Fee portion flat fee ranges from $100 to $2,500 annually. Fee-only: Fees based on assets under management (0.10% to 0.85% annually), hourly fees $250 - $500 per hour for consultation, flat fees up to $2,500 for financial planning, negotiated fees for seminars ($0 to $10,000).

Main office location

Retirement Management Systems

41615 Park Avenue, Suite 115

Leonardtown MD 20650, United States

Number of offices

Most active in

Alabama · Alaska · Arizona · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Nebraska · Nevada · New Hampshire · New Jersey · New York · North Carolina · Ohio · Oklahoma · Oregon · Pennsylvania · Rhode Island · South Carolina · Tennessee · Texas · Virginia · Washington · West Virginia · Wisconsin

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn X Instagram Website 301-327-5312

Advisors at this firm

Debra R

CFP®, Series 63

Angleton, TX

Retirement Management Systems

Debra Rosenthal Ritter is a CFP® with 36 years of industry experience, currently serving at Retirement Management Systems. Her prior roles include positions at Geneos Wealth Management Inc, Capital Asset Advisory Services, LLC, WFG Investments, Inc., and RosRit Financial Group, LLC. Outside of advisory work, she is involved in home care services plan sales. Retirement Management Systems provides savings-plan management, discretionary portfolio management, financial planning, and plan-sponsor consulting for individual clients and retirement plans. The firm uses risk-based model portfolios developed with LSA Portfolio Analytics and serves a high number of clients with substantial assets under management.

Retirement plans for business owners (SEP, solo 401k) General retirement planning

Joseph S

Series 63, Series 65

Tampa, FL

Retirement Management Systems

Joseph Scarborough is a financial advisor at Retirement Management Systems in Tampa, FL, with 43 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Oak Wealth Partners Inc, Brookstone Capital Management, and SII Investments Inc. Outside of finance, he owns and operates Running Hare Vineyard and The Hungry Hare food trailer in Maryland. Retirement Management Systems provides savings-plan management, discretionary portfolio management, financial planning, and plan-sponsor consulting for individual clients, including high-net-worth individuals, and retirement plans. The firm uses risk-based model portfolios and offers fiduciary services, serving a large client base with a distinctive operational scale.

Retirement plans for business owners (SEP, solo 401k) General retirement planning

Matthew S

Series 65

Leonardtown, MD

Retirement Management Systems

Matthew Scarborough is a Series 65-licensed financial advisor with Retirement Management Systems, bringing six years of industry experience. He has held roles at Oak Wealth Partners Inc and Adelina LLC since 2020 and is involved in Running Hare Vineyard, a business producing wine and hosting events in Prince Frederick, MD. Retirement Management Systems offers savings-plan management, discretionary portfolio management, financial planning, and plan-sponsor consulting for individual clients, including high-net-worth individuals, and retirement plans. The firm uses risk-based model portfolios and serves clients through both discretionary and non-discretionary approaches, supporting plan sponsors with consultative and implementation services.

Retirement plans for business owners (SEP, solo 401k) General retirement planning

John B

CFP®, Series 63, Series 65

Leonardtown, MD

Retirement Management Systems

John Blamphin is a CFP® professional with 21 years of industry experience, currently serving as an advisor at Retirement Management Systems. His prior roles include positions at Independent Financial Group LLC and Scarborough Advisors, LLC, as well as concurrent work with SII Investments, Inc. He is also licensed as an insurance agent through Ash Brokerage. Retirement Management Systems provides savings-plan management, discretionary portfolio management, financial planning, and plan-sponsor consulting for individual clients and retirement plans. The firm employs a risk-based model portfolio approach and serves a large client base through a team of five advisors.

Retirement plans for business owners (SEP, solo 401k) General retirement planning

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