The Rich Group is a registered investment advisor founded in 2011 and based in Simpsonville, South Carolina. The firm offers comprehensive financial planning, targeted investment planning, and ongoing portfolio management services to individuals, families, and small businesses. The Rich Group focuses on a passive investing strategy, utilizing low-cost mutual funds and exchange-traded funds based on Modern Portfolio Theory and the Efficient Market Hypothesis. The firm operates without discretionary trading authority, meaning clients must approve all trades, and maintains a strict fee-only compensation structure where no commissions are accepted from third parties.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.80% |
| $500K - $1.0M | 0.60% |
| $1.0M - $2.0M | 0.42% |
| $2.0M - $4.0M | 0.29% |
| $4.0M - $7.0M | 0.21% |
| $7.0M - $12.0M | 0.14% |
| $12.0M - $20.0M | 0.09% |
| $20M+ | 0.06% |
Fees are negotiable based on portfolio size and other considerations. The minimum annual fee is typically $2,000.