Retirement Portfolios provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, market timing, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Retirement Portfolios reports 245 clients. They include 155 individual clients and 90 high-net-worth individuals. Of its assets, 100.0% ($290M across 253 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 26% |
| High-net-worth individuals | 37% | 41% |
| Corporations and other businesses | Fewer than 5 | 33% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 155 | $74M | 25.5% | $477K |
| High-net-worth individuals | 90 | $120M | 41.4% | $1.33M |
| Corporations and other businesses | Fewer than 5 | $96M | 33.1% | — |
| Total | 245 | $290M | 100% | — |
- Clients
- 155
- Regulatory AUM
- $74M
- AUM share
- 25.5%
- Avg. per client
- $477K
- Clients
- 90
- Regulatory AUM
- $120M
- AUM share
- 41.4%
- Avg. per client
- $1.33M
- Clients
- Fewer than 5
- Regulatory AUM
- $96M
- AUM share
- 33.1%
- Avg. per client
- —
Total
- Clients
- 245
- Regulatory AUM
- $290M
- AUM share
- 100%
- Avg. per client
- —
- 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
Retirement Portfolios is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning flat fee
- Negotiable flat fee of $500 to $10,000 per plan, depending on complexity; half is due in advance.
- Financial planning hourly
- Negotiable hourly fee, agreed before services begin and based on the scope, complexity and size of the project.
- Financial planning workshops
- Workshop fee of up to $100, usually paid in advance.
Ryan Shumaker owns 75% or more of Retirement Portfolios. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 75% or more of Retirement Portfolios, LLC
Ryan Shumaker
Control person · since February 2024
Retirement Portfolios’ regulatory assets grew 1.9× from $153M (January 2025) to $290M (April 2026); clients rose from 225 to 245 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $290M | 245 | 2 | 1 |
| Jan 2025January 2025 | $153M | 225 | 2 | 1 |
Besides its headquarters, Retirement Portfolios has 0 offices, with 1 listed address in 1 state.
Kansas · 1 listed address
- 1429 Oread W DR #110a, LawrenceHQ
Other business names
Retirement Portfolios has reported 2 other business names to the SEC.
- Retirement Portfolios
- Retirement Portfolios by Ryan Shumaker & Associates
Contact and registration details
- Legal name
- Retirement Portfolios, LLC
- Headquarters
- 1429 Oread W DR #110a, Lawrence, KS 66049
- Website
- kansasretirementteam.com
- Phone
- 785-330-9292
- SEC file
- 801-131708
- Structure
- Kansas LLC
- Fiscal year end
- December
Retirement Portfolios’ named custodian for separately managed accounts is Altruist ($191M). Retirement Portfolios does not have custody of client assets.
- AltruistAltruist Financial LLC · Culver City, CA · $191M100%
At year end, Retirement Portfolios’ separately managed accounts were mostly in funds (89%).
What the accounts hold
- Stocks9%
- Funds89%
- Cash2%
How many clients does Retirement Portfolios have?
Retirement Portfolios has 245 clients and manages $290 million for them, as of April 2026. They include 155 individual clients and 90 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 April 2026
What services does Retirement Portfolios offer?
Retirement Portfolios provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, market timing, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Retirement Portfolios use?
Retirement Portfolios’ separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $191M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 April 2026
How many financial advisors does Retirement Portfolios have?
Retirement Portfolios has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 Retirement Portfolios invest in?
At the end of its last fiscal year, Retirement Portfolios’ separately managed accounts held 89% pooled vehicles (private funds and similar), 9% exchange-traded equities and 2% 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 Retirement Portfolios?
Retirement Portfolios’ direct owner is Ryan Shumaker (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 April 2026
How does Retirement Portfolios get paid?
Retirement Portfolios 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
How do I contact Retirement Portfolios?
Retirement Portfolios’ main office is at 1429 Oread W DR #110a, Lawrence, KS 66049. Its phone number is 785-330-9292. Its website is kansasretirementteam.com.