Fees and Compensation — Form ADV Part 2A (3/30/2020)
[Brochure]
Item 5. Fees and Compensation
Management Fee
RCM charges each client an investment management fee, which is calculated and payable
quarterly in advance at the beginning of each calendar quarter. Fees are calculated at the
applicable rate set forth below, based on the market value of the client’s account at the
close of business on the last business day of the prior calendar quarter.
Fee Schedule
Account Value Annual Fee Rate
less than $2.5 million 1.000%
from $2.5 million to less than $10 million 0.750%
from $10 million to less than $25 million 0.650%
greater than $25 million 0.500%
These fees may be negotiated by RCM under certain circumstances, and at the sole
discretion of RCM.
Clients have the option of having the investment management fees deducted from their
assets or billed separately for fees incurred.
Investment management fees paid in advance will be refunded on a pro rata basis upon
termination of the investment advisory contract prior to the end of a quarter.
Other Fees and Expenses
Clients acknowledge that the RCM quarterly investment management fees discussed
above are in addition to, and do not include, any fees, costs, commissions or expenses
related to their account including, but not limited to, brokerage, custodial, prime
brokerage, wire and other transactional costs of the account. Any such fees, costs,
commissions or expenses related to the account shall be incurred by the account;
provided, that RCM shall not cause the account to incur any costs outside of the normal
course of business without the prior written consent of the client. These charges are
generated by the client custodians and/or trade executing broker-dealers and are not
shared in any way with RCM. For additional information regarding brokerage practices
please refer to Item 12. Brokerage Practices of this brochure.
Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2020)
[Brochure]
Item 7. Types of Clients
RCM intends to generally provide investment advisory services to individuals, pension
and profit sharing plans, trusts, estates, charitable organizations and corporations.
Generally, RCM requires a minimum investment of $250,000 to open a separately
managed account.