{"url":"https://nivawealth.com/firms/resources-management-104674","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/104674","regulatoryAum":1067156967,"crd":"104674","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7326790","suffix":null,"lastName":"Dizes","firstName":"Carter","middleName":"Egan"},{"crd":"8029096","suffix":null,"lastName":"French","firstName":"Logan","middleName":"Patrick"},{"crd":"2220862","suffix":null,"lastName":"HERLIHY","firstName":"MICHAEL","middleName":"WILLIAM"},{"crd":"6071932","suffix":null,"lastName":"HERLIHY","firstName":"PATRICK","middleName":"MICHAEL"},{"crd":"5944206","suffix":null,"lastName":"HERLIHY","firstName":"WILLIAM","middleName":"THOMAS"},{"crd":"4627798","suffix":null,"lastName":"HODEL","firstName":"CARIE","middleName":"ANN"},{"crd":"6448025","suffix":null,"lastName":"PEZZUTI","firstName":"ALANA","middleName":"LINDSEY"}],"total":7,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-19","regulatoryAum":863893975,"clients":374,"employees":14,"offices":1},{"filedOn":"2022-03-03","regulatoryAum":1000603820,"clients":394,"employees":14,"offices":1},{"filedOn":"2023-04-21","regulatoryAum":852064344,"clients":393,"employees":14,"offices":1},{"filedOn":"2024-03-26","regulatoryAum":950766145,"clients":390,"employees":14,"offices":1},{"filedOn":"2025-03-20","regulatoryAum":986774418,"clients":396,"employees":14,"offices":1},{"filedOn":"2026-04-29","regulatoryAum":1067156967,"clients":383,"employees":14,"offices":1}],"secFileNumber":"801-21902","legalName":"Resources Management Corp","displayName":"Resources Management","slug":"resources-management-104674","website":"https://rmcinvestmentadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/rmc-investment-advisors/","founded":"1979","organization":"Connecticut corporation","fiscalYearEnd":"December","headquarters":{"street":"643 Prospect Avenue","city":"West Hartford","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06105"},"tradeNames":[],"registration":{"secApproved":"24 August 1984","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2493211.1734104045,"staff":{"employees":14,"advisory":7,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1067156967,"discretionary":998858101,"discretionaryAccounts":834,"nonDiscretionary":68298866,"nonDiscretionaryAccounts":31,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":5},"clientTypes":[{"label":"Individuals (other than HNW)","clients":186,"regulatoryAum":68237624},{"label":"High-net-worth individuals","clients":160,"regulatoryAum":794413442},{"label":"Pension and profit-sharing plans","clients":2,"fewerThan5":true,"regulatoryAum":7233402},{"label":"Charitable organizations","clients":7,"regulatoryAum":41536350},{"label":"State or municipal government entities","clients":2,"fewerThan5":true,"regulatoryAum":8754890},{"label":"Corporations and other businesses","clients":26,"regulatoryAum":146981259}],"feePrograms":[{"role":"main","program":"Basic Fee Schedule","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017722","versionId":1017722,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-03-12","documentName":"FORM ADV PART 2 - BROCHURE","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:50:36.310581+00:00","documents":[{"name":"FORM ADV PART 2 - BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017722","versionId":1017722,"submittedOn":"2026-03-12"}]},"custodians":[{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":623700000},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":170100000},{"name":"Fifth Third Bank","shortName":"Fifth Third Bank","location":"Cincinnati, OH","smaAssets":266700000}],"custodyNote":"Resources Management has custody of $363M in client assets for 123 clients.","leadership":[{"name":"Michael Herlihy","title":"President/ CEO","crd":"2220862"},{"name":"William Herlihy","title":"Chief Compliance Officer/ COO","crd":"5944206"}],"ownership":[{"label":"Michael Herlihy","detail":"President/ ceo in the 75% or more ownership band and a control person, since January 2005."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"643 Prospect Avenue","city":"West Hartford","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"860-561-1245","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":73},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":9},{"label":"Investment grade corporate bonds","percent":10},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":0},"sources":{"adv1FilingDate":"29 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/104674/PDF/104674.pdf","brochureDate":"12 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017722","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Resources Management have?","answer":"Resources Management has 383 clients and manages $1.07 billion for them, as of April 2026. They include 186 individual clients, 160 high-net-worth individuals, and 26 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Resources Management offer?","answer":"Resources Management provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Resources Management charge?","answer":"Resources Management charges up to 1.00% for its Basic Fee Schedule. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.","source":"FORM ADV PART 2 - BROCHURE, filed 12 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Resources Management use?","answer":"Resources Management’s separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $624M, Fifth Third Bank (Cincinnati, OH), with $267M and Charles Schwab & Co., Inc. (Westlake, TX), with $170M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Resources Management have?","answer":"Resources Management has 7 investment adviser representatives registered with state securities authorities, out of 14 employees, and 7 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Resources Management invest in?","answer":"At the end of its last fiscal year, Resources Management’s separately managed accounts held 73% exchange-traded equities, 10% investment grade corporate bonds, 9% state and local bonds, 7% cash and equivalents and 1% U.S. government and agency bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Resources Management?","answer":"Resources Management’s direct owner is Michael Herlihy (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Resources Management get paid?","answer":"Resources Management is paid through a percentage of assets under management. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Resources Management registered with the SEC?","answer":"Yes, Resources Management has been registered with the SEC as an investment adviser since 24 August 1984. Its CRD number is 104674 and its SEC file number is 801-21902.","source":"Form ADV Part 1A, Item 1, filed 29 April 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Resources Management?","answer":"Resources Management’s main office is at 643 Prospect Avenue, West Hartford, CT 06105. Its phone number is 860-561-1245. Its website is rmcinvestmentadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}