Assets and clients#
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pension and profit-sharing plans | 339 | $10,881,431,334 | 100.0% | $32.1M |
| Total | 339 | $10,881,431,334 | 100% | $32.1M |
- Regulatory AUM
- $10,881,431,334
- Share
- 100.0%
- Avg. per client
- $32.1M
Discretion
- Discretionary
- $8,853,190,561 across 293 accounts (81.4% of AUM)
- Non-discretionary
- $2,028,240,773 across 30 accounts (18.6%)
- Non-U.S. clients
- 0% of clients
- Non-AUM advisory clients
- 16 clients received advice without assets under management last fiscal year
Form ADV Part 1A, Items 5.D and 5.F. Fiscal year ends December; amendment filed 29 June 2026. View Item 5 in the filing
Fees#
| Service | How it is charged | Stated range |
|---|---|---|
| Retirement plan consulting | Percentage of plan assets; fees may be billed monthly or quarterly. | Maximum 2.00% for $1 million or less, 1.50% for $1,001,000 to $2 million, and 1.00% over $2,000,001 |
| Hourly consulting | Hourly or fixed fee under the client agreement. | Hourly fee generally does not exceed $350 |
- How it is charged
- Percentage of plan assets; fees may be billed monthly or quarterly.
- How it is charged
- Hourly or fixed fee under the client agreement.
Account minimum
RPA states it does not impose a minimum account size to open or maintain an account.
Plan scope
The brochure describes services for pension, retirement, and profit-sharing plans. It reports that a 3(38) engagement has investment discretion, while a 3(21) or consulting engagement does not.
Form ADV Part 2A brochure, Item 5, dated 31 March 2026. View Item 5 in the brochure
Custodians#
| Custodian | Location | SMA assets held | Share |
|---|---|---|---|
| All other custodians | — | $10,881,431,334 | 100.0% |
- Location
- —
- Share
- 100.0%
Custody of client assets
Schedule D reports no separately managed-account custodian holding ten percent or more of the applicable assets. The brochure states that RPA does not maintain relationships with custodial broker-dealers and that plan providers or recordkeepers hold client assets.
Schedule D, Section 5.K.(3) lists every custodian holding 10% or more of separately managed account assets. View Section 5.K.(3) in the filing
Leadership and ownership#
| Name | Title | CRD |
|---|---|---|
| Cosmo Charles Gould | CCO | 5033874 |
| Scott Christopher Hauptmann | President | 4773447 |
| Melissa Rodriguez-Kirk | COO | 7832730 |
- Title
- CCO
- Title
- President
- Title
- COO
Ownership chain
- Direct owner
- Schedule A lists Global Retirement Partners LLC as managing member and sole owner in the 75% or more ownership band, with control-person status, since April 2018.
- Indirect owner
- Schedule B lists RPW Holdings, LLC as sole owner of Global Retirement Partners LLC in the 75% or more band, with control-person status, since January 2025.
- HUB International Limited
- Schedule B reports HUB International Limited in the 75% or more ownership band in RPW Holdings LLC, acquired in January 2025.
Schedules A and B. Ownership percentages are the SEC's reporting bands, not exact figures. View Schedule A in the filing
Offices and registrations#
- Branch offices
- 2 reported to IAPD; Part 1A lists 2 office addresses in at least 2 states
- SEC registration
- Approved 5 July 2018, file number 801-113540
- State notice filings
- 9 jurisdictions, most recently Michigan, 27 March 2024
- Advisory staff
- 4 of 12 employees perform advisory functions; 7 are also broker-dealer registered representatives and 2 are licensed insurance agents
- Promoters
- 0 outside firms or persons solicit clients on the firm's behalf
Offices by state
- California1
- North Carolina1
Other business names
RPA Financial has reported 2 other business names to the SEC in Item 1.B. Its brochure states that advisory services are provided by RPA Financial, LLC in every case, and that some names are used by its advisors for marketing.
- Fiduciary-Plus
- Highpoint Retirement Group, LLC
Headquartered at 4340 Redwood Highway, Suite B60, San Rafael, CA 94903. Organized as a Limited liability company. View Section 1.F in the filing
Other business and affiliations#
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Form ADV Part 1A, Items 6 and 7, and Schedule D. View Item 6 in the filing
Common questions#
What regulatory assets does RPA Financial report?
RPA Financial reports $10,881,431,334 of regulatory assets under management in Item 5.F of its Form ADV. Item 5.D attributes that amount to 339 pension and profit-sharing plan clients.
What does RPA Financial charge?
Its brochure lists maximum annual retirement-plan consulting fees of 2.00% for plans of $1 million or less, 1.50% from $1,001,000 to $2 million, and 1.00% over $2,000,001. It also states that hourly consulting fees generally do not exceed $350.
Source: Part 2A brochure, Item 5
Does RPA Financial have a minimum account size?
No. Its brochure states that RPA does not impose a minimum account size to open or maintain an account.
Source: Part 2A brochure, Item 7
Answered from the filings above.