RETIREMENT MANAGEMENT SYSTEMS
RETIREMENT MANAGEMENT SYSTEMS, INC. Legal Name
Adviser information for RETIREMENT MANAGEMENT SYSTEMS last updated from Form ADV on March 5th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Maryland, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 39 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,955 | $1.4B |
| Non-Discretionary | 16 | $10.2M |
| Total | 3,971 | $1.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 2,570 | $883.5M |
| HNW Individuals | 399 | $565.7M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesEducational seminars/workshopsASSET ALLOCATION ADVICE |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-70978 |
|---|---|
| SEC ERA File Number | 801-70978 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 150351 |
| Legal Entity Identifier | None |
Principal Office
721 MAIN STREETSUITE 100
STEVENSVILLE
MD
United States
Monday - Friday, 8:30 AM - 5:00 PM
Tel: 888-870-7674, Fax: 410-573-1196
Chief Compliance Officer
JOSEPH MICHAEL SCARBOROUGH
CHIEF EXECUTIVE OFFICER
721 MAIN STREET
SUITE 100
STEVENSVILLE
MD
United States
Tel:
888-870-7674
Fax:
410-573-1196
M**************@*************M
(Full email address available in API data)
Regulatory Contact
JOHN M. BLAMPHIN
DIRECTOR OF OPERATIONS
721 MAIN STREET
SUITE 100
STEVENSVILLE
MD
United States
Tel:
888-870-7674
Fax:
410-573-1196
J***********@*************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SCARBOROUGH, JOSEPH, MICHAEL | Individual | – | CEO, CCO, DIRECTOR | 02/2008 | 50-75% |
| BLAMPHIN, JOHN, MARTIN | Individual | – | DIRECTOR OF OPERATIONS | 08/2009 | 10-25% |
| OSTROWSKI, GREGORY, SIGISMUND | Individual | – | SHAREHOLDER | 08/2011 | 5-10% |
| KEENUM, JOHN, M | Individual | – | SHAREHOLDER | 01/2016 | 5-10% |