{"url":"https://nivawealth.com/firms/risk-management-group-122366","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/122366","regulatoryAum":200477570,"crd":"122366","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8159260","suffix":null,"lastName":"Amos","firstName":"Benjamin","middleName":"Jay"},{"crd":"6326737","suffix":null,"lastName":"GLIEGER","firstName":"THIAGO","middleName":null},{"crd":"855217","suffix":null,"lastName":"LAPIN","firstName":"JAMIE","middleName":"SUZANNE"}],"total":3,"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":"2025-06-03","regulatoryAum":137204855,"clients":174,"employees":5,"offices":1},{"filedOn":"2026-05-13","regulatoryAum":200477570,"clients":192,"employees":6,"offices":1}],"secFileNumber":"801-132202","legalName":"Risk Management Group, LLC","displayName":"Risk Management Group","slug":"risk-management-group-122366","website":"https://rmgadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"http://linkedin.com/company/risk-management-group-llc","founded":"1965","organization":"Maryland limited liability company","fiscalYearEnd":"December","headquarters":{"street":"14 South Adams Street","city":"Rockville","state":"MD","stateName":"Maryland","country":"United States","postalCode":"20850"},"tradeNames":[],"registration":{"secApproved":"19 March 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1044154.0104166666,"staff":{"employees":6,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":200477570,"discretionary":200477570,"discretionaryAccounts":465,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":38},"clientTypes":[{"label":"Individuals (other than HNW)","clients":98,"regulatoryAum":34090155},{"label":"High-net-worth individuals","clients":94,"regulatoryAum":166387415}],"feePrograms":[{"role":"main","program":"Investment management services","feeBasis":"marginal","fee_tiers":[{"to":3000000,"pct":1,"from":0},{"to":5000000,"pct":0.9,"from":3000000},{"to":null,"pct":0.7,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030296","versionId":1030296,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-28","documentName":"RMG ADV PART 2A 3-2026","fee_rate_low":0.7,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Divorce planning, mediation and consulting","summary":"Divorce-related planning, mediation and consulting are charged hourly: $500 an hour for the lead mediator and $300 an hour for support staff.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030296","versionId":1030296,"submittedOn":"2026-03-28","documentName":"RMG ADV PART 2A 3-2026"},{"role":"other","program":"Stand-alone financial planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030296","versionId":1030296,"submittedOn":"2026-03-28","documentName":"RMG ADV PART 2A 3-2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:37:51.589452+00:00","documents":[{"name":"RMG ADV PART 2A 3-2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030296","versionId":1030296,"submittedOn":"2026-03-28"}]},"custodians":[{"name":"SEI Private Trust Company","shortName":"SEI Private Trust","location":"Oaks, PA","smaAssets":200477570}],"custodyNote":"Risk Management Group does not have custody of client assets.","leadership":[{"name":"Jamie Lapin","title":"Owner, Chief Compliance Officer","crd":"855217"},{"name":"Thiago Glieger","title":"Owner","crd":"6326737"}],"ownership":[{"label":"Jamie Lapin","detail":"Owner, chief compliance officer in the 50% to 75% ownership band and a control person, since January 2000."},{"label":"Thiago Glieger","detail":"Owner in the 25% to 50% ownership band, since January 2025."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"14 South Adams Street","city":"Rockville","headquarters":true}]}],"brochureServices":["divorce planning","education planning","estate planning","insurance","philanthropic planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"301-838-4111","stateRegisteredReps":3,"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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":66},{"label":"Cash and cash equivalents","percent":8}],"privateFunds":0},"sources":{"adv1FilingDate":"13 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/122366/PDF/122366.pdf","brochureDate":"28 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030296","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 Risk Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Risk Management Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Risk Management Group charge?","answer":"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.","source":"RMG ADV PART 2A 3-2026, filed 28 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Risk Management Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Risk Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Risk Management Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Risk Management Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Risk Management Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Risk Management Group registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Risk Management Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 13 May 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."}