Rcs Financial Planning, LLC (Annapolis)

Name: Rcs Financial Planning, LLC
Address: 130 Admiral Cochrane Drive, Annapolis, MD, 21401
Telephone: 410-224-0097

Rcs Financial Planning, LLC is a large advisory firm based in Annapolis. It manages $101.16 million of regulatory assets for 376 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and Maryland.

Rcs Financial Planning provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rcs Financial Planning: assets under management

The assets under management (AUM) of Rcs Financial Planning, LLC is $101.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.16 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $269.05 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rcs Financial Planning, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rcs Financial Planning serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Rcs Financial Planning is individuals with 89 clients and $53.76 million of assets under management. Among the 8 most similar advisory firms, Rcs Financial Planning has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $101.16 million for 110 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Rcs Financial Planning doesn't advise any private funds.

Careers at Rcs Financial Planning, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thaddeus Norman Toal	Managing member & chief compliance officer	1 Nov 2017	75% - 100%	4089665

Based in Annapolis

The principal office where Rcs Financial Planning, LLC performs its advisory services is located at 130 Admiral Cochrane Drive, Annapolis, MD 21401, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-224-0097 or by fax N/A. The normal business hours are 9:00am -5:00pm on Monday - Friday. You can find more information about the New York firm at rcsplanning.com.