RCS Financial Planning provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, and insurance. Financial planning was provided to 101–250 clients last fiscal year.
RCS Financial Planning reports 220 clients. They include 111 individual clients, 107 high-net-worth individuals, and 2 pension and profit-sharing plans. Of its assets, 100.0% ($281M across 667 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 50% | 13% |
| High-net-worth individuals | 49% | 83% |
| Pension and profit-sharing plans | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 111 | $36.6M | 13.0% | $329K |
| High-net-worth individuals | 107 | $235M | 83.5% | $2.19M |
| Pension and profit-sharing plans | 2 | $9.79M | 3.5% | $4.9M |
| Total | 220 | $281M | 100% | $1.28M |
- Clients
- 111
- Regulatory AUM
- $36.6M
- AUM share
- 13.0%
- Avg. per client
- $329K
- Clients
- 107
- Regulatory AUM
- $235M
- AUM share
- 83.5%
- Avg. per client
- $2.19M
- Clients
- 2
- Regulatory AUM
- $9.79M
- AUM share
- 3.5%
- Avg. per client
- $4.9M
Total
- Clients
- 220
- Regulatory AUM
- $281M
- AUM share
- 100%
- Avg. per client
- $1.28M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
RCS Financial Planning charges 0.60%–1.00% a year for its Portfolio Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$3M | 0.75% |
| $3M and above | 0.60% |
Fee details and sources
Other fees
- Hourly Financial Planning
- Financial planning is negotiated at $250 to $450 an hour, paid in arrears on completion.
- Ongoing Financial Planning
- Ongoing financial planning is an upfront charge of $0 to $4,000 plus a monthly fee of $0 to $300, billed in arrears.
- Pension Consulting Services
- Pension consulting plans are a fixed fee of $1,000 to $5,000, half paid in advance.
Thaddeus Toal owns 75% or more of RCS Financial Planning. The leadership team of RCS Financial Planning includes Chief Compliance Officer Thaddeus Toal. It has 2 employees.
Leadership
- Thaddeus ToalManaging Member & Chief Compliance Officer
- Amanda Hopkins ClouserPartner
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Amanda N Hopkins Clouser
- Thaddeus Norman Toal JR.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of RCS Financial Planning, LLC
Thaddeus Toal
Control person · since November 2017
- Owns 5% to 10% of RCS Financial Planning, LLC
Amanda Hopkins Clouser
Control person · since January 2020
RCS Financial Planning’s regulatory assets grew 2.1× from $135M (February 2021) to $281M (March 2026); clients rose from 150 to 220 and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $281M | 220 | 2 | 1 |
| March 2025 | $241M | 222 | 3 | 1 |
| July 2024 | $199M | 215 | 3 | 1 |
| March 2023 | $162M | 249 | 4 | 1 |
| May 2022 | $185M | 183 | 4 | 1 |
| February 2021 | $135M | 150 | 3 | 1 |
Besides its headquarters, RCS Financial Planning has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 130 Admiral Cochrane Drive, Suite 200, AnnapolisHQ
Contact and registration details
- Legal name
- RCS Financial Planning, LLC
- Headquarters
- 130 Admiral Cochrane Drive, Suite 200, Annapolis, MD 21401
- Website
- rcsplanning.com
- Phone
- 410-224-0097
- @rcs-financial-planning
- SEC file
- 801-112282
- Founded
- 2017
- Structure
- Maryland LLC
- Fiscal year end
- December
RCS Financial Planning uses Fidelity ($169M, 65%) and Charles Schwab ($92.5M, 35%) as custodians for its separately managed accounts. RCS Financial Planning has custody of $60M in client assets for 110 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $92.5M35%
- FidelityNational Financial Services LLC · Boston, MA · $169M65%
At year end, RCS Financial Planning’s separately managed accounts were mostly in funds (94%). Its reported 13F holdings for the quarter ended 30 June 2026 total $211M across 102 positions; the largest are Dimensional ETF Trust (14.7%), Dimensional ETF Trust (8.3%) and Fidelity Merrimack Str TR (8.0%).
What the accounts hold
- Stocks5%
- Funds94%
- Cash1%
Reported 13F holdings
- $211M
- Reported 13F value
- 102
- Positions
- 59.2%
- In the 10 largest
- +9.6%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF14.7%
- Dimensional ETF Trust · Core Fixe IN ETF8.3%
- Fidelity Merrimack Str TR · Total BD ETF8.0%
- Dimensional ETF Trust · US Small Cap ETF5.5%
- Dimensional ETF Trust · Intl Core Equity5.4%
- Dimensional ETF Trust · US High Prof ETF5.3%
- Dimensional ETF Trust · Shor Dur Fix ETF3.6%
- Dimensional ETF Trust · Emerging Mkts CO3.0%
- Fidelity Merrimack Str TR · Low Durtin ETF3.0%
- Crowdstrike Hldgs Inc. · CL A2.4%
Together, the ten largest are 59.2% of reported value.
How many clients does RCS Financial Planning have?
RCS Financial Planning has 220 clients and manages $281 million for them, as of March 2026. They include 111 individual clients, 107 high-net-worth individuals, and 2 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does RCS Financial Planning offer?
RCS Financial Planning provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does RCS Financial Planning charge?
RCS Financial Planning charges 0.60%–1.00% a year for its Portfolio Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: ADV PART 2A-RCS FINANCIAL PLANNING, LLC, filed 19 March 2026
Which custodians does RCS Financial Planning use?
RCS Financial Planning’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $169M and Charles Schwab & Co., Inc. (San Francisco, CA), with $92.5M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026
How many financial advisors does RCS Financial Planning have?
RCS Financial Planning has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does RCS Financial Planning invest in?
At the end of its last fiscal year, RCS Financial Planning’s separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns RCS Financial Planning?
RCS Financial Planning’s direct owners are Thaddeus Toal (75% or more) and Amanda Hopkins Clouser (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does RCS Financial Planning get paid?
RCS Financial Planning is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is RCS Financial Planning registered with the SEC?
Yes, RCS Financial Planning has been registered with the SEC as an investment adviser since 7 February 2018. Its CRD number is 291678 and its SEC file number is 801-112282.
Source: Form ADV Part 1A, Item 1, filed 19 March 2026; IAPD firm record
How do I contact RCS Financial Planning?
RCS Financial Planning’s main office is at 130 Admiral Cochrane Drive, Suite 200, Annapolis, MD 21401. Its phone number is 410-224-0097. Its website is rcsplanning.com.