Risk Management Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, divorce planning, education planning, estate planning, insurance, and philanthropic planning. Financial planning was provided to 101–250 clients last fiscal year.
Risk Management Group reports 192 clients. They include 98 individual clients and 94 high-net-worth individuals. Of its assets, 100.0% ($200M across 465 accounts) are managed with discretion. It advised 38 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 51% | 17% |
| High-net-worth individuals | 49% | 83% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 98 | $34.1M | 17.0% | $348K |
| High-net-worth individuals | 94 | $166M | 83.0% | $1.77M |
| Total | 192 | $200M | 100% | $1.04M |
- Clients
- 98
- Regulatory AUM
- $34.1M
- AUM share
- 17.0%
- Avg. per client
- $348K
- Clients
- 94
- Regulatory AUM
- $166M
- AUM share
- 83.0%
- Avg. per client
- $1.77M
Total
- Clients
- 192
- Regulatory AUM
- $200M
- AUM share
- 100%
- Avg. per client
- $1.04M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 38
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Risk Management Group charges 0.70%–1.00% a year for its Investment management services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$3M | 1.00% |
| $3M–$5M | 0.90% |
| $5M and above | 0.70% |
Fee details and sources
Other fees
- Divorce planning, mediation and consulting
- Divorce-related planning, mediation and consulting are charged hourly: $500 an hour for the lead mediator and $300 an hour for support staff.
- Stand-alone financial planning
- Stand-alone financial planning is a flat fee set in the advisory agreement, generally a range of $3,500 to $10,000 based on estimated hours and complexity.
Jamie Lapin owns 50% to 75% of Risk Management Group. The leadership team of Risk Management Group includes Chief Compliance Officer Jamie Lapin. It has 6 employees, 3 of them in advisory roles.
Leadership
Jamie LapinOwner, Chief Compliance Officer- Thiago GliegerOwner
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Risk Management Group, LLC
Jamie Lapin
Control person · since January 2000
- Owns 25% to 50% of Risk Management Group, LLC
Thiago Glieger
since January 2025
Risk Management Group’s regulatory assets grew from $137M (June 2025) to $200M (May 2026); clients rose from 174 to 192 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $200M | 192 | 6 | 1 |
| June 2025 | $137M | 174 | 5 | 1 |
Besides its headquarters, Risk Management Group has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 14 South Adams Street, RockvilleHQ
Contact and registration details
- Legal name
- Risk Management Group, LLC
- Headquarters
- 14 South Adams Street, Rockville, MD 20850
- Website
- rmgadvisors.com
- Phone
- 301-838-4111
- @risk-management-group-llc
- SEC file
- 801-132202
- Founded
- 1965
- Structure
- Maryland LLC
- Fiscal year end
- December
Risk Management Group uses SEI Private Trust ($200M) as custodian for its separately managed accounts. Risk Management Group does not have custody of client assets.
- SEI Private TrustSEI Private Trust Company · Oaks, PA · $200M100%
At year end, Risk Management Group’s separately managed accounts were mostly in funds (66%) and stocks (19%).
What the accounts hold
- Stocks19%
- Funds66%
- Bonds7%
- Investment grade corporate bonds5%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash8%
How many clients does Risk Management Group have?
Risk Management Group has 192 clients and manages $200 million for them, as of May 2026. They include 98 individual clients and 94 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026
What services does Risk Management Group offer?
Risk Management Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, divorce planning, education planning, estate planning, insurance, and philanthropic planning.
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 Risk Management Group charge?
Risk Management Group charges 0.70%–1.00% a year for its Investment management services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does Risk Management Group use?
Risk Management Group’s separately managed account assets are held at SEI Private Trust Company (Oaks, PA), with $200M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 May 2026
How many financial advisors does Risk Management Group have?
Risk Management Group has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 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 Risk Management Group invest in?
At the end of its last fiscal year, Risk Management Group’s separately managed accounts held 66% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 8% cash and equivalents, 5% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Risk Management Group?
Risk Management Group’s direct owners are Jamie Lapin (50% to 75%) and Thiago Glieger (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 13 May 2026
How does Risk Management Group get paid?
Risk Management Group 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 Risk Management Group registered with the SEC?
Yes, Risk Management Group has been registered with the SEC as an investment adviser since 19 March 2025. Its CRD number is 122366 and its SEC file number is 801-132202.
Source: Form ADV Part 1A, Item 1, filed 13 May 2026; IAPD firm record
How do I contact Risk Management Group?
Risk Management Group’s main office is at 14 South Adams Street, Rockville, MD 20850. Its phone number is 301-838-4111. Its website is rmgadvisors.com.