Michael Rood
Michael Rood is a registered investment advisor at Rca Wealth Strategies LLC, based in Overland Park, KS, with 33 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 265 clients with $64M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.20% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.75% |
Fees are negotiable for accounts over $2,000,000. For retirement plans, the fees are: - **First $500,000:** 1.00% per year - **$500,001 - $1,000,000:** 0.75% per year - **$1,000,001 - $2,000,000:** 0.50% per year - **Over $2,000,000:** 0.25% per year or a negotiated flat fee - **Money Market Only:** 0.50% per year
Fee Estimator
Location
11011 King Street, Suite 150, Overland Park, KS, 66210
Get directionsHistory
Regulatory History (2)
Customer Dispute
May 2013Customer Dispute
August 2007Other Business ActivitiesSells Insurance
Michael is an independent licensed insurance agent.
Employment History
Current Registrations
Rca Wealth Strategies LLC
Previous Registrations
Securities America, INC.Broker
Insight Financial Services
Securities Service Network, LLCBroker
Ameritas Investment CORP.Broker
Ameritas Investment CORP
New England Securities Corporation
New England SecuritiesBroker
Sunset Financial Services, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
Security First Financial, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.