1. Who is River Capital Advisors, L.C.?
2. What does "Fee-only" mean?
3. How is RCA different from other investment management firms?
4. Does RCA provide retirement planning services?
5. Who maintains custody of my assets?
6. Can I make withdrawals?
7. What are your minimum account requirements?
8. How can I learn more? 
 

1. Who is River Capital Advisors, L.C.?

River Capital Advisor, L.C. (RCA) is a non-commission, fee-only registered investment advisory firm serving business owners, professionals, high net worth individuals, foundations, trusts and retirement plans throughout the Southeast. Our mission is to provide holistic, objective and independent professional investment management and wealth management services to enable our clients to meet their investment and financial objectives at a dramatically reduced level of risk. Our principals have been providing investment management services for over 100 years combined. Our main office is in Jacksonville, FL with affiliate offices in Thomasville and Atlanta, GA, and Tallahassee, FL.

2. What does "Fee-only" mean?

Fee-only means that we do not accept commissions, soft dollars or other forms of compensation from any investment service providers. Our only source of revenue is from our clients' fees.

We believe in "open architecture" which means that we will work with any investment management or financial services firm as long as it's in the best interest of our client. We have no incentives to work with a specific investment management firm or service provider. Said another way, we do not have any of the conflicts of interest with our clients.

3. How is RCA different from other investment management firms?

We are not brokers or salesmen. We will not try to sell you anything. What we will do is provide personalized service to: 1) gain an in depth understanding of your personal needs, 2) develop a plan to achieve your goals and objectives without taking undue investment risk and 3) implement the plan with a combination of active and passive investment managers, individual stocks and fixed income securities.

The primary difference between RCA and other financial service providers is that we actually perform most of the services we offer. Most wealth management firms outsource many areas of wealth management. In most cases, larger firms would take a team of individuals to have the breadth of experience and knowledge that each of our principals possess.

The majority of our team members are Certified Public Accountants (licensed in several states) and many have additional professional designations such as Certified Financial Planner practitioner (CFP®), Chartered Financial Analyst (CFA), Certified Investment Management Analyst (CIMA) and Personal Financial Specialist (PFS).

In addition to our investment management expertise, we have extensive experience in tax and estate planning, implementation and maintenance of the plan (often overlooked in larger firms, but extremely important in light of changing tax law). We also prepare tax returns in house. By having in-depth knowledge of each client, we can be assured of knowing how specific transactions or planning techniques will have on other areas of the plan.

Our clients have ONE firm who is familiar with all of their financial affairs! 

4. Does RCA provide retirement planning services?

Yes.  Many of our current clients have made or are currently making the transition from the accumulation stage of their lives during their working years to the retirement and financial independence stage of their lives. We are here to assist in navigating through this transition. 

5. Who maintains custody of my assets?

Securities are held in a client's brokerage or custody account. RCA does not retain or take possession of a client's securities or funds.

6. Can I make withdrawals?

Yes, you can make withdrawals at any time. However we prefer to determine your needs at the outset of our engagement in order to adjust the cash holdings and avoid the unexpected sales of securities.

7. What are your minimum account requirements?

We have two options to suit our clients' needs.  Under our managed portfolio arrangement our minimum initial account balance is $250,000.  This may be aggregated in several accounts such as a brokerage account, IRAs and trust accounts.  We also, have hourly and fixed-fee plan arrangements for those clients who value professional advice and guidance, but are comfortable in implementing and monitoring their plan on their own.

8. How can I learn more?

If you would like to learn more about River Capital Advisors, L.C., we would enjoy talking with you further. Please feel free to contact us via phone at 904.398.2075 or email for an initial consultation.