Resource Consulting Group is a registered investment advisor based in Austin, Texas, that provides holistic financial planning and investment advice primarily to individuals, families, trusts, estates, and small businesses. Founded in 1978, Resource Consulting Group takes a comprehensive approach to wealth management to help clients align their financial resources with their personal goals. Services include retirement planning, tax strategies, cash flow management, insurance reviews, education funding, estate planning, and investment portfolio design. Resource Consulting Group does not directly hold client funds or manage investment portfolios internally; instead, clients maintain control of their assets at independent custodians. However, the firm's advisors are also affiliated with an independent broker-dealer, Osaic Wealth, through which clients can access fee-based asset management and various financial products. Resource Consulting Group charges for its planning and consulting services on a project, fixed-fee, or hourly basis.
Fee Structure
Resource Consulting Group offers ongoing financial plan updates through annually renewable agreements. The cost for these updates depends on your net worth:
- $500,000 to $1,000,000 — $800 per year for one meeting
- $1,000,001 to $2,500,000 — $900 per year for one meeting
- $2,500,001 to $5,000,000 — $1,000 per year for one to two meetings
- Over $5,000,000 — $1,100 per year for one to three meetings
Additionally, Resource Consulting Group offers ongoing consulting for qualified retirement plans (such as 401(k) accounts) on a negotiable fixed-fee basis, with a minimum annual fee of $600.
- Comprehensive financial plan — Priced according to your net worth:
- Net worth of $500,000 to $1,000,000: minimum of $3,000
- Net worth of $1,000,001 to $2,500,000: $3,000 to $5,000
- Net worth of $2,500,001 to $5,000,000: $5,000 to $7,000
- Net worth over $5,000,000: $7,000 to $10,000+
- Modular financial planning — Minimum fee of $750 to prepare and review a balance sheet plus one planning topic (such as retirement planning or college funding), with an additional $500 fee for each subsequent topic.
- Qualified retirement plan consulting — Fixed-fee consulting for employer-sponsored retirement accounts, starting at a minimum annual fee of $600.
- Hourly consultations — $225 per hour for limited-scope advice on topics like debt, cash flow, real estate decisions, or family estate disputes.