Michael Thomas is a registered investment advisor at Rlb Financial, based in Ventura, CA, with 10 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 607 clients with $170M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RLB Financial offers several investment management options:
- Direct asset management: The annual fee is 1.55% of the total value of your portfolio. This fee may be negotiable, and accounts within the same household may be combined for a reduced fee.
- SEI Managed Account Solutions: The annual fee is a maximum of 1% of the total value of your portfolio. SIMC's advisory fee schedule for MAS range from .10% to 1.25%.
- Assets Under Advisement: The annual fee is 0.50% of the assets managed.
When using sub-advisors, the client will not pay additional fees. The sub-advisors fees are included in the fees charged by RLB.
Location
1547 Palma Drive, Ventura, CA, 93003
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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.
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Michael is a partner at Miller and Co. LLP, a CPA firm, since 2007. This activity takes nearly full-time hours.
Employment History
Current Registrations
Rlb Financial
Previous Registrations
1st Global Advisors INC
1st Global Capital CORP.Broker
State Registrations1 state
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.