What Makes RPJ Unique
We are exclusively registered as an Investment Advisor with the SEC. We are not registered as a brokerage firm with FINRA (formerly NASD). We only accept compensation in the form of fees from our clients. We affirm our fiduciary duty to our clients at all times.
We believe our fees are often lower than the fees of brokerage firms, comparing our range of fees with theirs. Our fee range starts at 1 percent and decreases to .4 percent or less with larger accounts. According to a recent study by the Rand Corporation for the SEC, as it concerned brokerage fees, "Fees that are based on account size generally range from 1 to 3 percent of assets, whereby larger accounts are subject to lower fees, and wealthier clients are often in a position to negotiate the fee rate." (Investor and Industry Perspective on Investment Advisors and Broker-Dealers, December 2007)
These are the key attributes which distinguish RPJ from other financial services firms.
Additionally, after 24 years registered with the SEC, we feel we know of other attributes that our clients appreciate.
First, we believe clients appreciate that we take time to look at their total financial picture and investment policy as a basis for making investment recommendations.
Second, we believe clients like that we are not commission-based sales brokers and do not spend time trying to "sell" them products. Instead, we offer recommendations that can help clients meet their investment and financial goals that are based upon firms we have evaluated, have a track record and offer funds that support achievement of those goals.
Third, we believe clients like the fact that we are "fee only" and that we are fiduciary advisors, as opposed to brokers, who are not fee only and whose interests may favor their company rather than their clients.
Fourth, we firmly believe in delivering personal client service to each and every client. We conducted an internal analysis for the years 1996 through 2006. We found that each year, on average, 98 percent of RPJ clients chose to remain RPJ clients.