Riverplace Capital, Jacksonville, FL, is a trusted wealth management firm offering competitive asset management fees
Founded by Peter Bower, and based in Jacksonville, FL, Riverplace Capital offers competitive asset management fees for wealth management.
Riverplace Capital Management makes wealth management accessible to prospective clients by only requiring a $100,000 minimum account
We are committed to making wealth management accessible, so accounts have a $100,000 minimum.
At Riverplace Capital we are competitively priced and in the middle range for Registered Investment Advisory fees. Our Management Fee is 1.25% annualized, billed in advance in quarterly increments. This may be paid directly or automatically out of an account. Fees may be discounted for size and multiple accounts may be aggregated to this fee calculation. Accounts are usually custodied with Charles Schwab or Pershing, a division of/Bank of NY Mellon. Transaction costs are born by the account. These are low negotiated rates. Since RCM trades infrequently, these costs are minimal.
|Aggregate Assets Under Management||Annual Fee Percentage|
|$2,000,000 and Below||1.25%|
|$2,000,000 and Above||1.00%|
|*The minimum annual fee is $1,250 and is negotiable. Current client relationships may exist where the fees are higher or lower than the fee schedule above.|
In exchange for this fee, you receive from us the following services free of charge:
- Initial financial consultation
- Financial Planning ($1,500 value)
- Regular face-to-face meetings
- Trusted advice on numerous matters, financial and otherwise
- Quarterly Financial report on your portfolio performance
- Access to your account 24-7
Account Minimum: Most accounts have a $100,000 minimum. While many firms require a $500,000 minimum, we are committed to making wealth management accessible to as many individuals as possible. We know that the practice of investing can help you realize goals that might otherwise appear out of reach and welcome the opportunity to start you on the path of lifetime investing.
If you are interested in working with a firm that provides added value at no added cost, Talk With Us!