{"url":"https://nivawealth.com/firms/retirement-portfolios-330289","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/330289","regulatoryAum":290000000,"crd":"330289","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7570795","suffix":null,"lastName":"Kasten","firstName":"Joel","middleName":"Parker"},{"crd":"5598699","suffix":null,"lastName":"SHUMAKER","firstName":"RYAN","middleName":"WAYNE"}],"total":2,"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":"2025-01-09","regulatoryAum":153000000,"clients":225,"employees":2,"offices":1},{"filedOn":"2026-04-28","regulatoryAum":290000000,"clients":245,"employees":2,"offices":1}],"secFileNumber":"801-131708","legalName":"Retirement Portfolios, LLC","displayName":"Retirement Portfolios","slug":"retirement-portfolios-330289","website":"https://kansasretirementteam.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Kansas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1429 Oread W DR #110a","city":"Lawrence","state":"KS","stateName":"Kansas","country":"United States","postalCode":"66049"},"tradeNames":["Retirement Portfolios","Retirement Portfolios by Ryan Shumaker & Associates"],"registration":{"secApproved":"8 January 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":791836.7346938775,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":290000000,"discretionary":290000000,"discretionaryAccounts":253,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":155,"regulatoryAum":74000000},{"label":"High-net-worth individuals","clients":90,"regulatoryAum":120000000},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":96000000}],"feePrograms":[{"role":"other","program":"Financial planning flat fee","summary":"Negotiable flat fee of $500 to $10,000 per plan, depending on complexity; half is due in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038392","versionId":1038392,"submittedOn":"2026-03-31","documentName":"ADV2-KS"},{"role":"other","program":"Financial planning hourly","summary":"Negotiable hourly fee, agreed before services begin and based on the scope, complexity and size of the project.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038392","versionId":1038392,"submittedOn":"2026-03-31","documentName":"ADV2-KS"},{"role":"other","program":"Financial planning workshops","summary":"Workshop fee of up to $100, usually paid in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038392","versionId":1038392,"submittedOn":"2026-03-31","documentName":"ADV2-KS"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:42:12.429135+00:00","documents":[{"name":"ADV2-KS","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038392","versionId":1038392,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":191000000}],"custodyNote":"Retirement Portfolios does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Ryan Shumaker","title":"Managing Member & CCO","crd":"5598699"}],"ownership":[{"label":"Ryan Shumaker","detail":"Managing member & cco in the 75% or more ownership band and a control person, since February 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Kansas","offices":1,"addresses":[{"street":"1429 Oread W DR #110a","city":"Lawrence","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"785-330-9292","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Market timing services","Educational seminars/workshops"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":9},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":89},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"28 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/330289/PDF/330289.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038392","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 Retirement Portfolios have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Retirement Portfolios offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Retirement Portfolios use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Retirement Portfolios have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Retirement Portfolios invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Retirement Portfolios?","answer":"Retirement Portfolios’ direct owner is Ryan Shumaker (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 28 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Retirement Portfolios get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Retirement Portfolios?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 28 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."}