REAP In Wealth Management (RWM) offers personalized financial planning and access to third-party portfolio management. RWM's advice covers financial goals, problem identification, cash flow, tax, insurance, investments, education, retirement, and estate planning. RWM is a fee-based firm and does not sell commissioned products. David Morgan, the Managing Member, sells insurance through REAP, LLC, a licensed insurance agency.
Assets Under Management$33M
Clients283
Advisors3
Avg. per Client$120K
Avg. per Advisor$11M
Fee Structure
Minimum Investment:None
Planning is included in investment management
REAP In Wealth Management (RWM) primarily uses third-party money managers. Here's how the fees work:
- If RWM manages your portfolio directly: If your portfolio is over $1,000,000, RWM will charge 1% per year.
- If RWM uses Orion Portfolio Solutions (OPS): The total fee ranges from 1.1% to 1.65% per year, split between OPS and RWM, depending on the amount you invest.
- If RWM uses Matson Money or Brookstone Capital: The total fee is 1.7% per year, split between the sub-advisor (0.5%) and RWM (1.2%).
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