The Retirement Planning Group, Inc. (Leawood)

Name: The Retirement Planning Group, Inc.
Address: 4811 W. 136 Th Street, Leawood, KS, 66224
Telephone: 913-498-8898

The Retirement Planning Group, Inc. is a large advisory firm based in Leawood. It manages $861.89 million of regulatory assets for 3,250 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.

The Retirement Planning Group provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Retirement Planning Group: assets under management

The assets under management (AUM) of The Retirement Planning Group, Inc. is $861.89 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2911% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $861.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $265.2 thousand each.

The Retirement Planning Group has custody of $538.34 million in cash and securities for 730 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Retirement Planning Group, Inc. for their services and products based on a percentage of assets under management 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 The Retirement Planning Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of The Retirement Planning Group is individuals with 1,160 clients and $689.34 million of assets under management. Among the 12 most similar advisory firms, The Retirement Planning Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $861.89 million for 1,171 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.

The Retirement Planning Group doesn't advise any private funds.

Careers at The Retirement Planning Group, Inc.

The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Suzanne Lee Mcdonald joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jennifer Ann Costello	Secretary	1 Oct 2003	Other	4739403
Ryan Patrick Costello	Vice president/chief financial officer	1 Feb 2004	Other	4547636
Chris Kyle Costello	Financial advisor	1 Feb 2004	25% - 50%	2630844
Kevin Morris Conard	Chief executive officer	1 Feb 2004	25% - 50%	3193016
Robert Randolph O'blennis	Chief compliance officer & financial advisor	1 Mar 2007	Other	4935281
Tom S Boling	Financial advisor	1 Apr 2009	Other	4697766
David Burch Dreher	Financial advisor	1 Apr 2009	Other	2138743
Roy Marshall Fortner	Sr vice president & financial advisor	1 Oct 2010	Other	1363604
Suzanne Lee Mcdonald	Chief operating officer	1 Jan 2013	Other	6178647
Tom S Boling	Chief investment officer & financial advisor	1 Jan 2013	Other	4697766

Based in Leawood

The principal office where The Retirement Planning Group, Inc. performs its advisory services is located at 4811 W. 136 Th Street, Leawood, KS 66224, which is also the mailing address of the firm. An additional office of the firm is in Chesterfield, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 913-498-8898 or by fax 913-498-8897. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at advisorbailout.com.