FAQ

How is Robinson Financial Associates compensated?

RFA is an independent fee-only financial planning firm. The only compensation we receive is from you, our client. We do not sell any products.

What is a typical fee most clients pay?

Most clients pay a quarterly fee based on managed assets or a fixed retainer fee or a combination of both. Our annual minimum fee for new clients is $5,000 although we reserve the right to agree to a lower fee when we deem it appropriate.

Where will my assets be held?

Clients are able to hold their assets wherever they choose. The majority of our clients’ assets are custodied through Charles Schwab & Co Inc. RFA has an institutional relationship with Schwab that allows us to better service you on many levels.

How will RFA invest my assets they manage?

RFA does extensive research on no load mutual funds, index funds and bonds to determine how to invest for our clients. We will come to an agreement on an asset allocation strategy for you and then discuss what we believe is the best investment mix for your assets.

What if I don’t live in Maine now or in the future?

RFA has clients across the country. While the majority of our clients do have a tie to Maine for one reason or another, it is not necessary that you live in Maine in order to be a client.

Will RFA prepare my income taxes for me?

RFA takes your tax planning needs into account through your financial plan. However, we do not prepare tax returns. We will, however, work closely with your CPA and will also be happy to recommend a CPA if you are in need.

Will RFA draft my will and other estate planning documents for me?

No, RFA does not provide legal advice or legal services. As with accountants, we will work closely with your attorney and will also be happy to recommend an attorney for you.

How may I obtain more detailed information?

Please do not hesitate to Contact Us to discuss your questions by phone or in person or to request our Form ADV Part II disclosure form.