R M Davis Inc fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 30, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$500/hr

“The Company’s fees for portfolio consulting services are negotiated and are dependent on the nature and magnitude of the consultations but are not normally less than $500.00 per hour.”

Flat or project fee

$5,000

“The Company typically does not charge clients a separate fee for any financial planning or financial advice services, except as follows: for its comprehensive personal financial planning service, the Company charges a one-time, non-negotiable flat fee of $5,000, one-half of which is invoiced at the outset of the…”

Annual fee

$7,500⁠-⁠$15,000/yr

“Personal Affairs Management Services For its personal affairs management services the Company typically charges an annual fee of between $7,500 - $15,000; however, that fee may be higher for relationships requiring more firm time/resources than is typical or lower for relationships requiring much less firm time…”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How R M Davis Inc bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Unless another understanding is reached with a client, accounts will be billed independently.”
• “If the Company agrees to take on a new relationship with AUM of less than $1,000,000, the Company will typically charge an annual minimum relationship fee of $10,000, billed and collected consistent with the Company’s typical practices described herein.”
• “Invoices are issued and fees deducted early in April, July, October, and January, respectively.”

How R M Davis Inc’s fees compare

• Its hourly rate of $500 is above the Maine median of $250. 96% of the 23 other Maine planners that publish an hourly rate charge less.
• 3 of the 3 other planners in Portland that publish an hourly rate charge less.
• Its flat or project fee of $5,000 is above the Maine median of $4,125. 69% of the 13 other Maine planners that publish a flat or project fee charge less.
• 3 of the 4 other planners in Portland that publish a flat or project fee charge less.
• Its annual fee of $7,500-$15,000 spans the Maine median of $8,250. 75% of the 8 other Maine planners that publish an annual fee charge less.
• 1 of the 2 other planners in Portland that publish an annual fee charge less.

About R M Davis Inc

• Firm size: 63 employees.
• Registered as an adviser: 1978 (48 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1% a year

Minimum

$1,000,000 in assets (stated in brochure)

Clients

2,342

Employees

63

Works with

Individuals, high net worth individuals, pension and profit sharing plans, charities, state and local governments, and businesses

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and selecting other advisers

Assets managed

$8,154,674,961

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

105448

Website

rmdavis.com (opens in new tab)

Phone

(207) 774-0022

Can advise clients in 29 states: Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Massachusetts, Maryland, Maine, Minnesota, Montana, North Carolina, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin

Other planners in Portland that publish fees

• Bigelow Investment Advisors, LLCPortland$165/mo
• H.m. PaysonPortland$5,000
• HeadinvestPortland$3,000⁠-⁠$5,000, $10,000/yr
• Northwater CapitalPortland$200/hr
• Old Port AdvisorsPortland$250/hr, $500⁠-⁠$5,000
• Portland Financial Planning GroupPortland$300/hr, $1,000⁠-⁠$7,500

Compare all 13 planners in Portland