Retirement Planning Specialists, Inc. (Willow Grove)

Name: Retirement Planning Specialists, Inc.
Address: 1000 Easton Road, Willow Grove, PA, 19090
Telephone: 215-657-8600

Retirement Planning Specialists, Inc. is a large advisory firm based in Willow Grove. It manages $173.39 million of regulatory assets for 1,341 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, New Jersey, Pennsylvania, and Texas.

Retirement Planning Specialists provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Retirement Planning Specialists: assets under management

The assets under management (AUM) of Retirement Planning Specialists, Inc. is $173.39 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 344% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $173.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $129.3 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Retirement Planning Specialists, Inc. for their services and products based on a percentage of assets under management. 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 Henry Vaughn Schultz serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Henry Vaughn Schultz is individuals with 505 clients and $115.21 million of assets under management. Among the 6 most similar advisory firms, Retirement Planning Specialists has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $173.39 million for 539 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.

Retirement Planning Specialists doesn't advise any private funds.

Careers at Retirement Planning Specialists, Inc.

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 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.

Henry Vaughn Schultz has been acting as President since 1 Jun 1995. Joseph Philip Sarappo joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nancy Ann Schultz	Corporate secretary	1 Jun 1995	25% - 50%	2600988
Henry Vaughn Schultz	President	1 Jun 1995	50% - 75%	1788239
Thomas Benson Gau	President	1 Jan 2006	75% - 100%	1294982
Chad Matthew Smith	Chief compliance officer	1 Feb 2006	Other	2702144
Joseph Philip Sarappo	President and chief compliance officer	1 May 2011	75% - 100%	1868768

Based in Willow Grove

The principal office where Retirement Planning Specialists, Inc. performs its advisory services is located at 1000 Easton Road, Willow Grove, PA 19090, 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 215-657-8600 or by fax 215-657-9030. The normal business hours are 9:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at retire-yes.com/.