Retirement Income Planning (RIPL) provides investment advice through a co-advisor relationship with Gradient Investments (GI), a third-party manager. RIPL helps clients select appropriate investment models based on their goals and risk tolerance. RIPL also offers financial planning services covering various topics like retirement, cash flow, and estate preservation. Clients are not obligated to act on recommendations or use RIPL for transactions.
Fee Structure
Retirement Income Planning uses Gradient Investments (GI) to manage investment portfolios. GI's annual fee is 1.70% for strategic, tactical, and allocation & defined outcome portfolios, and 1.00% for preservation portfolios. RIPL receives 1.00% of the fee for strategic, tactical, and allocation & defined outcome portfolios, and 0.60% for preservation portfolios. For client-directed accounts, GI charges a flat $300 annual fee, and RIPL receives $0. GI also charges a $15 quarterly service fee. These fees are negotiable.