Ames Financial Services is a registered investment advisor based in Lakewood, California, operated by sole owner Rick Ames. The firm provides personalized investment management, retirement planning, insurance planning, estate planning, and tax planning services. Investment management is conducted on a non-discretionary basis, meaning client approval is required for trades. The firm primarily recommends no-load mutual funds and constructs diversified portfolios tailored to each client's goals, risk tolerance, and time horizon. In addition to investment advisory services, Rick Ames operates separate businesses offering tax preparation and life and health insurance.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $2.0M | 0.90% |
| $2M+ | 0.90% |
Fees are negotiable for amounts over $2,000,000. There is a $50 minimum annual billing fee which may be waived.