Retirement Planners of America (RPOA) manages investment portfolios using a "buy, hold, and protect" strategy, primarily investing in exchange-traded funds (ETFs) sponsored by BNY Mellon. RPOA may move assets to money market funds based on market conditions. RPOA also offers financial planning and consulting services, potentially for an additional fee. RPOA Direct provides services to clients with $250,000 or less in investable assets. RPOA has a conflict of interest because Pershing's affiliates earn fees based on client investments.
Fee Structure
Retirement Planners of America manages investments through a wrap-fee program. The annual advisory fee is generally 1.30% of the value of your portfolio, including cash. Certain legacy clients may pay 1.25%. RPOA Direct clients pay 1.85%. This fee covers investment management and brokerage services. Accounts are also subject to an annual platform fee of 0.40%.