Retainer Services

For those seeking a long term relationship with structured and competent guidance.

TABLE OF CONTENTS
Retainer services overview
Foundational
Family CFO
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How it works

Retainer services are designed for individuals and families that are seeking out a long term relationship with structured and competent guidance. There are two main retainer service platforms:

Within the Foundational platform, there are two levels designed to meet the service needs of clients at an accessible pricing level:

Lite: Individuals and families that engage in lite foundational retainer services generally have household income of $100,000 or more, want an initial financial plan built, and want to periodically check in and review their plan. They do not have a need or desire for access to professional investment management.

Premium: Individuals and families that engage in premium foundational retainer services generally have household income of $100,000 or more, want an initial financial plan built, and want more frequent check-ins to review their plan. They also generally have a need or desire for access to professional investment management. These clients are not, however, required to have their investments managed by the firm.

Family CFO services is designed for clients that have greater requirements of time and competence from their advisor. Generally individuals and families that engage in this service have an income exceeding $250,000 and/or a net worth exceeding $1 Million, want an initial financial plan built, and want unlimited access for review meetings and check-ins. They also generally have a need or desire for access to professional investment management. These clients are not, however, required to have their investments managed by the firm.

Foundational Retainer Services

LITE

Services
  • Initial plan development and implementation via bi-weekly meetings until complete
  • Ongoing plan monitoring and refinement via semi-annual meetings (75 minutes each)
  • Additional email support, phone support, and meetings are available on-demand at a discounted rate
  • Client can choose between guided self-directed investing or a referral to an appropriate 3rd party manager

Fees
  • Initial Fee: $1,500
  • Recurring Fee: $100 per month
  • Discounted On-Demand Hourly Consulting
Terms

Fees for this service may be paid by electronic funds transfer.  Fees are paid in advance of services delivered. This service may be terminated within 10 days’ notice.  Upon termination of any agreement, the fee will be pro-rated and any unearned fee will be refunded to the client.

Foundational Retainer Services may be provided pro-bono at RWMS’ discretion.

PREMIUM

Services
  • Initial plan development and implementation via bi-weekly meetings until complete
  • Ongoing plan monitoring and refinement via quarterly  meetings (75 minutes each)
  • Additional email support, phone support, and meetings are available on-demand at a discounted rate
  • Client can choose between any combination of guided self-directed investing, referral to an appropriate 3rd party manager, or discretionary account management with direct or sub-advisor management
Fees
  • Initial Fee: $1,500
  • Recurring Fee: $150 per month or $450 per quarter if custodial billing is selected
  • Investment Advisory Fee: 25 bps on all discretionary assets
  • Discounted On-Demand Hourly Consulting
Terms

Initial and recurring retainer service fees for this service may be paid by electronic funds transfer or via custodial billing.  Fees are paid in advance of services delivered.

Investment advisory fees are paid quarterly, in arrears, pursuant to the terms of the investment advisory agreement, unless otherwise agreed to in writing by RWMS and the client.  Fees are based upon the average daily balance of all the assets subject to the investment advisory agreement as of the close of the subject quarter. Fees are directly debited from client accounts.

This service may be terminated within 10 days’ notice.  Upon termination of any agreement, the fee will be pro-rated and any unearned fee will be refunded to the client.

Foundational Retainer Services may be provided pro-bono at RWMS’ discretion.

Family CFO Services

Services
  • Initial plan development and implementation via bi-weekly meetings until complete
  • Ongoing plan monitoring and refinement via quarterly meetings
  • Additional email support, phone support, and meetings scheduled as needed with no additional charge
  • Annual comprehensive plan update
  • Client can choose between any combination of guided self-directed investing, referral to an appropriate 3rd party manager, or discretionary account management with direct or sub-advisor management
Fees
  • Initial Fee: $1,500
  • Recurring Fee: $500 per month or $1,500 per quarter if custodial billing is selected
Terms

Fees for this service may be paid by electronic funds transfer or via custodial billing.  Fees are paid in advance of services delivered. This service may be terminated within 10 days’ notice.  Upon termination of any agreement, the fee will be pro-rated and any unearned fee will be refunded to the client.

Family CFO Services may be provided pro-bono at RWMS’ discretion.