Ritholtz Wealth Management: Platform Profile

Overview

Ritholtz Wealth Management is an SEC-registered investment adviser offering several distinct advice and portfolio-management lanes rather than one universal account.

Current legal identity:

• Investment adviser: Ritholtz Wealth Management, LLC
• CRD: 168652
• SEC number: 801-78479
• Current Form CRS date: 2026-05

The current relationship summary identifies three regulatory service names:

• Comprehensive Portfolio Management;
• Good Advice;
• Liftoff.

The public site adds a service ladder based on household complexity and asset level:

• Good Advice public fit: $0-$1M
• Flagship public fit: $1M-$7M
• Preserve public fit: $7M-$25M
• Multi Family Office public fit: $25M+

The most important minimum rule is:

The May 2026 Form CRS explicitly says the firm does not impose requirements for opening and maintaining accounts or otherwise engaging the firm.

May fit better for

• households seeking ongoing portfolio management plus planning;
• investors wanting human advice with technology-enabled service;
• clients who fit Good Advice, Flagship, Preserve or multi-family-office service models;
• investors comfortable with AUM or flat-fee advisory arrangements depending on program;
• households that want tax, insurance or estate coordination through available service relationships;
• eligible investors considering alternative or specialized investments.

May fit less well for

• investors seeking one simple platform-wide fee;
• active self-directed traders who do not want delegated portfolio management;
• users who assume a public service-band starting point is a legal account minimum;
• clients who want no affiliated-product or revenue-sharing conflicts;
• investors who want all product and custodian costs included in one advisory percentage;
• clients who require daily liquidity from every investment.

There is no current universal account-opening minimum

Current Form CRS:

• Requirements for opening and maintaining accounts: No

This controls over a simplistic reading of the website's service bands.

Good Advice's public $0-$1M band and Flagship's $1M-$7M band describe service positioning.

They do not establish a universal contractual minimum for the firm.

The standard Comprehensive Portfolio Management schedule has seven tiers

Current SEC-ADV-derived fee data:

• Up to 2m: 1.25%
• 2m to 3m: 1.00%
• 3m to 5m: 0.85%
• 5m to 10m: 0.75%
• 10m to 20m: 0.65%
• 20m to 50m: 0.45%
• Over 50m: 0.35%
• Schedule marginal: Yes

The current source identifies the schedule as marginal.

Program-level maximums remain separate

Current Form CRS:

• Standard schedule max: 1.25%
• Teacher non ERISA max: 0.40%
• Good Advice max: 0.75%
• Liftoff max: 0.50%

The Liftoff maximum is split between Ritholtz and Betterment.

These are distinct program economics.

Comprehensive Portfolio Management can use AUM or flat pricing

Current disclosure allows:

• Comprehensive Portfolio Management fee methods:
• percentage of assets under management
• ongoing flat fee

The selected arrangement belongs in the client's advisory agreement.

For clients on the standard percentage schedule, current regulatory-derived disclosure states fees are billed quarterly in advance based on the prior quarter-end account value.

Planning is included in two core service lanes

Current Form CRS:

• Financial planning in Comprehensive: Yes
• Financial planning in Good Advice: Yes
• Separate additional fee for those planning services: No
• College Financial Planning separate: Yes

College Financial Planning is a separate flat-fee service and does not include portfolio monitoring under that engagement.

Product and custody costs remain additional

Current Form CRS states applicable clients can also face:

• custodian transaction charges;
• account-maintenance charges;
• mutual-fund expenses;
• index-fund expenses;
• ETF expenses;
• crypto-index portfolio expenses;
• variable-annuity expenses or surrender charges;
• independent-money-manager fees.

Revenue sharing and Goaltender create investment conflicts

Current Form CRS identifies economic incentives involving:

• EquityZen revenue sharing conflict: Yes
• Compound Capital revenue sharing conflict: Yes
• Goaltender subadviser or sponsor fee conflict: Yes
• Goaltender advisory fee on client holding: Yes

Ritholtz earns compensation connected with the Goaltender ETF and can also assess an advisory fee on the ETF inside client accounts.

That creates a layered-fee/conflict question.

It does not establish that every client owns the ETF.

Altruist creates a custody-recommendation conflict

Current Form CRS states certain Ritholtz financial professionals provide consulting services to and invest in Altruist.

Assessment

Ritholtz should not be summarized as a simple "$1 million minimum, 1.25% adviser."

The current record is more precise:

• no firmwide account-opening requirement in Form CRS;
• public service bands that begin at different asset levels;
• a seven-tier Comprehensive Portfolio Management schedule;
• separate lower maximums for Good Advice, Liftoff and certain teacher accounts;
• flat-fee pricing as an alternative in Comprehensive Portfolio Management;
• product and custody conflicts that need their own disclosure.

That structure is materially more useful than a single synthesized fee/minimum line.