Retirement Planning and Management has been in business since 1997, offering third-party retirement plan administration and investment advisory services. Located in Lakeville, Minnesota, Retirement Planning and Management is owned and operated by Thomas Jeppesen. The firm helps clients develop personalized investment portfolios focused on long-term diversification, using exchange-traded funds, mutual funds, fixed-income investments, and insurance products. Retirement Planning and Management works on a non-discretionary basis, meaning all trades are communicated with the client prior to execution. In addition to ongoing portfolio management, Retirement Planning and Management prepares written financial plans, consults on insurance and estate matters, and provides advice on specific asset amounts for clients who do not want ongoing management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $375K | 1.50% |
| $375K - $750K | 1.20% |
| $750K - $1.5M | 0.90% |
| $1.5M - $3.0M | 0.60% |
| $3M+ | 0.40% |
Fees are billed quarterly, payable in advance. The typical annual fee schedule is negotiable. Pension clients have a separate schedule with a $500 minimum annual fee.