Retirement Planning Solutions, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 24, 2026. Fees can change, so confirm with the firm before you hire them.

Flat or project fee

$500⁠-⁠$10,000

“Fixed fees range from $500 to $10,000.”

Annual fee

$1,200⁠-⁠$4,800/yr

“Ongoing engagements are typically charged an annual fixed fee ranging from $1,200 to $4,800, billed monthly, which will be based on the level of services engaged, frequency of Client interactions and other factors.”

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

How Retirement Planning Solutions, LLC bills

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

• “The investment advisory fee in the first month of service is prorated from the inception date of the account[s].”
• “Fees may be negotiable at the sole discretion of the Advisor.”
• “Fees for Held Away Assets Investment management fees are generally directly debited on a pro rata basis in arrears, based on the funding balance of the client account during the initial pro rata period, as outlined above.”

How Retirement Planning Solutions, LLC’s fees compare

• Its flat or project fee of $500-$10,000 spans the Kentucky median of $3,000. 67% of the 33 other Kentucky planners that publish a flat or project fee charge less.
• 5 of the 10 other planners in Louisville that publish a flat or project fee charge less.
• Its annual fee of $1,200-$4,800 is below the Kentucky median of $5,000. 31% of the 13 other Kentucky planners that publish an annual fee charge less.
• 3 of the 5 other planners in Louisville that publish an annual fee charge less.

About Retirement Planning Solutions, LLC

• Principal: Michael Ellison
• Firm size: 10 employees.
• Registered as an adviser: 2020 (6 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

2.5% a year

Clients

1,210

Employees

10

Works with

Individuals, high net worth individuals, and charities

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles

Assets managed

$467,035,199

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

311575

Website

instagram.com/retirementplanningsolutionsllc (opens in new tab)

Phone

(502) 499-5668

Can advise clients in 16 states: Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, North Carolina, New Hampshire, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas

Other planners in Louisville that publish fees

• Advantage Investment ManagementLouisville$250/hr, $25,000
• Barlow Wealth Partners, LLCLouisville$150⁠-⁠$750/hr
• Bluegrass Financial Planning, LLCLouisville$120⁠-⁠$180/hr, $480⁠-⁠$750/qtr
• Centerline Wealth Advisors, LLCLouisville$25,000
• Clark Financial PlanningLouisville$5,000/yr
• Family Wealth Planning PartnersLouisville$1,000, $1,000/yr

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