RLMS Business Consultants

RLMS Business Consultants provides discretionary portfolio management and related advisory services to individuals, small businesses and trust funds, along with retirement advice, college savings guidance, and charitable and legacy planning. The firm notes that more than 80% of its clients are women and requires a $250,000 minimum to open an account.

The firm’s investment process combines fundamental analysis with Modern Portfolio Theory to establish model portfolios through an initial interview that assesses time horizon, risk tolerance and income needs. Portfolios are implemented primarily with low‑cost ETFs, no‑load mutual funds, stocks and short‑dated fixed income (FDIC‑insured CDs and Treasuries with maturities generally no longer than five years), with quarterly reviews and rebalancing and discretionary trading authority for day‑to‑day management.

RLMS distinguishes itself from many peers by explicitly targeting and educating women investors — including sponsoring a free seminar titled “Women and Investing: Taking Control of your Financial Future” — and by managing accounts for small businesses and trusts in addition to individual clients. The firm also performs unrelated computer and business consulting work (reported under 20 hours per week and less than half of revenue), an additional business activity that is uncommon for similarly sized independent advisers.