Retirement Resources Wealth Management, Lp

Retirement Resources Wealth Management serves individual investors — including high-net-worth clients — as well as trusts, estates, charitable organizations and small businesses, providing financial planning, ongoing investment management, retirement and estate planning, and related advisory services. The firm describes itself as a fee-only advisor that does not accept commissions or finders’ fees and offers fee arrangements that include asset-based, hourly, and negotiable retainer agreements.

Investment programs follow a strategic asset-allocation, core-and-satellite approach that uses passively managed index and exchange-traded funds as the core and selectively adds active managers where deemed appropriate; portfolios are globally diversified and managed on a discretionary basis under limited trading authorization with documented investment policy statements. The firm uses a range of analytical methods (fundamental, technical, charting and cyclical analysis), provides periodic net worth statements and written quarterly updates, and documents client objectives in an IPS that allows client-imposed restrictions.

Compared with many peers, the firm operates with a small advisory team and reports no account minimums while managing a modest AUM level, and it explicitly disclaims commission income while noting an affiliated insurance business through which advisors may separately offer insurance products — a relationship disclosed in the brochure and potentially relevant to clients considering insurance recommendations. The firm also stops short of voting client proxies (clients are expected to vote their own proxies), performs custodial oversight practices such as surprise audits when acting as custodian, and recently moved custody arrangements to Charles Schwab following an industry consolidation.