How We Get Paid
River Wealth Advisors is an independent, fee-only, SEC-Registered Investment Advisor (RIA). Since 1940, regulations established by the U.S. Securities and Exchange Commission have required that RIAs meet a fiduciary standard when advising clients. The fiduciary standard requires RIAs to put their client's interests above their own and to act in their best interest. As a fee-only advisor, River Wealth Advisors adheres to the higher fiduciary standard when advising clients about investments.
This means we do not receive commissions for transactions and provide objective wealth management advice based solely on the merits of the investment.
Clients are charged an annual advisory fee, based on a percentage of assets under management. The annual fee is prorated and paid quarterly, based upon the market value of the assets under our management on the last day of each quarter.