Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
Zrc Wealth Management, LLC Overview
ZRC Wealth Management, LLC is a fee-only Registered Investment Advisory firm headquartered in Santa Rosa, California. Founded in 2015, the firm's emphasis is on providing investment advice and financial planning to its clients. As a fee-only firm, ZRC Wealth Management operates without commissions or kickbacks, meaning their clients can trust that their advice is in their best interest. Their main services include financial planning and portfolio management for both individuals and small businesses. Whether their clients are looking to plan for retirement, save for their children's college education, or grow their business investments, ZRC Wealth Management can create a tailored investment plan that fits their needs. Their years of expertise allow them to provide clients with personalized support and financial advice. As an investment advice only firm, ZRC Wealth Management prides itself on providing unbiased, client-focused advice. With their minimal overhead and a focus on fee structure transparency, their goal is to help clients achieve their financial aspirations in a cost-effective manner. ZRC Wealth Management is committed to conducting thorough research and analysis to create investment portfolios that are based on their clients' specific financial goals and risk tolerances.
ZRC Wealth Management, LLC has a diverse clientele. They serve individuals who are looking to invest their money for long-term financial growth. Moreover, ZRC Wealth Management has the expertise to cater to high net worth individuals who require specialized attention and strategies. In addition, the firm offers guidance to pension or profit sharing plans that require efficient management to ensure maximized returns. Furthermore, charitable organizations that require investment management for their endowment funds can count on the expertise of ZRC Wealth Management. In regards to fee structures, ZRC Wealth Management has a range of options available depending on the service provided. One common fee structure used by the firm is a percentage of AUM, which stands for assets under management. This essentially means that clients pay a percentage of the total value of the assets being managed by the firm. This fee structure aligns the interests of the client and the firm as the advisor’s compensation is directly linked to the performance and growth of the client's investments. In addition to this, ZRC Wealth Management also offers fee-only structures, which means clients are charged a flat fee for services received. All fee structures are transparent and agreed upon with clients in advance to ensure that there are no surprises or hidden costs.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for ZRC WEALTH MANAGEMENT, LLC does not mention an investment minimum.
How This Office Can Help St. Helena, CA Residents
ZRC Wealth Management, LLC. provides a range of financial planning services to clients in St. Helena, CA. The firm's experienced financial advisors work with individuals and families to develop customized financial plans that meet their unique goals and needs. Some of the financial situations that clients in St. Helena may be facing include managing inheritances from family members, planning for retirement, and navigating the complexities of estate planning. With a focus on personalized client service, ZRC Wealth Management, LLC. takes a comprehensive approach to financial planning that includes investment management, estate planning, and risk management. The firm carefully considers each client's financial situation and goals to create a tailored plan that addresses their specific needs. Whether clients are looking to grow their wealth, protect their assets, or plan for the future, ZRC Wealth Management, LLC. provides expert guidance and support every step of the way.
Services Offered by Zrc Wealth Management, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Zrc Wealth Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Zrc Wealth Management, LLC is registered to service clients in the following states:
- California
- Texas
Disciplinary History
Zrc Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.