Richmond Capital Advisors provides automated portfolio management services through an online platform. Using algorithms based on client information such as age, risk tolerance, and income, the firm builds and manages customized portfolios for individuals and high-net-worth clients. Portfolios are invested in mutual funds, fixed income securities, equities, and exchange-traded funds. Richmond Capital Advisors operates as an internet investment advisor, utilizing automated systems to oversee portfolio allocations and rebalancing without requiring in-person meetings.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.20% |
Fees vary by portfolio strategy, ranging from 0.80% to 1.20% annually (Income Portfolio at 0.80%, High Income at 0.90%, Income & Growth at 1.00%, Moderate Growth at 1.10%, Aggressive Growth and Multisector Equity at 1.20%). Fees are negotiable.