Retirement & Investment Planning, Inc. (RI Planning) provides investment advice to individuals, pension and profit sharing plans, trusts, corporations, and business entities. RI Planning offers non-discretionary asset management services, and may recommend third-party managers. RI Planning also provides services to qualified retirement plans, acting as a limited scope ERISA 3(21) fiduciary. Michelle Shawn is the 100% owner.
Assets Under Management$4.6M
Clients23
Advisors1
Avg. per Client$200K
Avg. per Advisor$4.6M
Fee Structure
Investment management only (planning not offered)
RI Planning offers investment management services through different platforms:
- Orion Portfolio Solutions (OPS): RI Planning charges 1.50% annually, which may be negotiable. This fee is for RI Planning's services only. OPS also charges fees, including administration fees (0.08%-0.45%), account maintenance fees ($25 or $50 annually), and strategist fees (0.0%-0.55%). Households below $100K incur an additional $75 fixed-dollar fee for each sleeve or account if receiving paper statements or $25 fee if receiving electronic statements.
- GeoWealth Management: Fees are negotiable and based on the following schedule, which includes both the GeoWealth Program Fee and RI Planning's fee:
- First $250,000: 0.79% for UMA Models, 0.38% for Fund Models
- Next $250,000: 0.73% for UMA Models, 0.36% for Fund Models
- Next $1,500,000: 0.66% for UMA Models, 0.34% for Fund Models
- Next $3,000,000: 0.48% for UMA Models, 0.32% for Fund Models
- Amounts over $5,000,000: Negotiable
- Third Party Managers (Gradient Investments, LLC): RI Planning has a referral agreement with Gradient Investments, LLC (GI). GI offers an actively managed program of mutual fund and stock portfolios. The fees are negotiable and based on a percentage of assets under management. RI Planning receives a portion of the fees charged by the TPM.
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