Retirement Plan Fiduciaries, LLC (Austin)

Name: Retirement Plan Fiduciaries, LLC
Address: 10510 Loring Drive, Austin, TX, 78750
Telephone: 512-971-6655

Retirement Plan Fiduciaries, LLC is a large advisory firm based in Austin. It manages $316.6 million of regulatory assets for 227 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Texas.

Retirement Plan Fiduciaries provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Retirement Plan Fiduciaries: assets under management

The assets under management (AUM) of Retirement Plan Fiduciaries, LLC is $316.6 million. The firm's AUM has grown by 155% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $303.3 million in discretionary accounts and $13.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.33 million.

Investments

The firm invests in investment and business development companies the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Retirement Plan Fiduciaries, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Retirement Plan Fiduciaries serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Retirement Plan Fiduciaries is pension and profit sharing plans with 46 clients and $258.93 million of assets under management. Among the 7 most similar advisory firms, Retirement Plan Fiduciaries has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $316.6 million for 100 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Retirement Plan Fiduciaries doesn't advise any private funds.

Careers at Retirement Plan Fiduciaries, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Carson Carter	Managing member	1 Jan 2012	50% - 75%	4225405
Philip Anderson White	Managing member and chief compliance officer	1 Jan 2015	50% - 75%	4593950

Based in Austin

The principal office where Retirement Plan Fiduciaries, LLC performs its advisory services is located at 10510 Loring Drive, Austin, TX 78750 The mailing address of the firm is Po Box 171207, Austin, TX 78717. An additional office of the firm is in San Antonio, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-971-6655 or by fax 512-562-2447. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at rpftx.com.