RM Private Wealth Management fees and pricing
Financial planner in Miami, Florida. Registered with the SEC.
According to its Form ADV Part 2A brochure dated March 10, 2026, RM Private Wealth Management charges $500 an hour for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed March 10, 2026. Fees can change, so confirm with the firm before you hire them.
- Hourly rate
- $500/hr
“The Advisor’s hourly fee will be billed at a rate of $500 per hour.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How RM Private Wealth Management bills
Payment and refund terms, quoted from the fee section of the brochure.
- “New account fees will be prorated from the inception of the account to the end of the first quarter.”
- “The Advisor will send the client a written invoice, including the fee, the formula used to calculate the fee, the time period covered by the fee, and if applicable, the amount of assets under management on which the fee was based.”
- “For situations where it is impractical to deduct fees directly from the client account, client will be sent an invoice on a quarterly basis for any outstanding advisory fees due.”
How RM Private Wealth Management’s fees compare
- Its hourly rate of $500 is above the Florida median of $288. 87% of the 372 other Florida planners that publish an hourly rate charge less.
- 10 of the 13 other planners in Miami that publish an hourly rate charge less.
About RM Private Wealth Management
“Private Wealth Management Inc. (“RM Private Wealth” or “Advisor”) principal service is providing fee-based investment advisory services and financial planning services.”
- Solo practice: one person runs the firm, so you work directly with the planner.
- Registered as an adviser: 2020 (6 years).
Firm details from Form ADV
- How the firm is paid
- Hourly fees, percentage of assets under management
- Charges a % of assets
- Yes
- Highest asset based fee in brochure
- 1.5% a year
- Clients
- 71
- Employees
- 1
- Works with
- High net worth individuals
- Services reported to regulators
- Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and pension consulting
- Assets managed
- $340,883,458
- Registered with
- U.S. Securities and Exchange Commission
- Disciplinary disclosures
- None reported
- SEC CRD number
- 300082
- Phone
- (571) 332-7618
Can advise clients in 3 states: Florida, New Jersey, Washington
Other planners in Miami that publish fees
- Amida Wealth Advisors, LLCMiami$1,000-$30,000, $1,750-$2,500/yr
- Andromeda Wealth LLCMiami$250/hr, $500-$2,000
- Brickell Financial Group LLCMiami$200-$1,500
- Camerondowning, Inc.Miami$300/hr, $1,500-$5,000
- Campos FinancialMiami$200/hr, $200-$2,000
- Cela Wealth ManagementMiami$2,500-$12,000
Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.