Retirement Income Solutions, Inc. is a large advisory firm based in Ann Arbor. It manages $1.71 billion of regulatory assets for 1,196 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Colorado, and 11 other states.
Retirement Income Solutions provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Retirement Income Solutions, Inc. is $1.71 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 201% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Retirement Income Solutions, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Retirement Income Solutions is high net worth individuals with 553 clients and $1.39 billion of assets under management. Among the 9 most similar advisory firms, Retirement Income Solutions has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.71 billion for 1,196 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 Income Solutions doesn't advise any private funds.
The company employs 17 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 10 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 receive compensation from other entities for client referrals.
The principal office where Retirement Income Solutions, Inc. performs its advisory services is located at 2301 Platt Road, Ann Arbor, MI 48104, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 734-769-7727 or by fax 734-662-6680. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at risadvisory.com.