Ronald Rich is a registered investment advisor at Ronald J. Rich Financial Advising, based in Lakewood, OH, with 19 years of industry experience. Ronald operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 13 clients with $9.5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ronald J Rich Financial Advising charges either hourly fees, a percentage of the assets managed, or a fixed monthly fee. Here's how the fees work for standard accounts:
- Up to $20,000: $30 per month
- $20,001 to $75,000: 1.75% per year
- $75,001 to $500,000: 1.25% per year
- $500,001 to $1,000,000: 1.125% per year
- Over $1,000,001: 1.00% per year
For retirement and educational savings accounts, the fees are:
- Up to $20,000: $25 per month
- $20,001 to $75,000: 1.5% per year
- $75,001 to $250,000: 1.00% per year
- $250,001 to $500,000: 0.75% per year
- Over $500,001: 0.5% per year
Fees are billed at the beginning of each quarter for the prior quarter. Discounts may be available based on client circumstances.
Location
Lakewood, OH
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Ronald is a managing member of RJR Product Development LTD, a non-primary business focused on developing hardware products. This activity requires about 10-20% of Ronald's time.
Employment History
Current Registrations
Ronald J. Rich Financial Advising
State Registrations1 state
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