RIM Associates manages investment portfolios for individuals, pension and profit-sharing plans, trusts, estates, and charitable organizations. RIM Associates tailors its investment management services to each client's specific needs, allowing clients to restrict certain types of investments. RIM Associates utilizes individual asset allocation strategies, focusing on long-term and short-term purchases, charting analysis, and investing in corporate bonds, equities, municipal securities, and options. The firm has discretionary authority to buy and sell securities within client accounts without prior approval for each trade. RIM Associates recommends Charles Schwab & Co. as the qualified custodian to hold client assets. Additionally, the firm's sole owner, Lonnie E. Wollin, provides accounting and tax preparation services through a separate corporation, offering an additional service option for clients.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Fees are negotiable based on the amount of assets being managed, and clients may aggregate assets to achieve a lower fee.