What Richmond Brothers, Inc. does

Richmond Brothers, Inc. is a family-owned, SEC-registered investment adviser founded in 1994 and headquartered in Jackson, Michigan. The firm provides personalized retirement and financial planning services to individuals in or approaching retirement, organized around a three-step process (Discover, Evaluate, Plan) and delivered through its proprietary 'Fearless Financial Approach' methodology. Its service mix spans portfolio allocation, beneficiary and estate planning coordination, long-term tax efficiency, Social Security optimization, IRA distribution planning (including Roth conversions and Required Minimum Distributions), and Medicare navigation.

The firm's delivery stack combines the proprietary 'Fearless Financial Approach' with third-party infrastructure: Fidelity serves as the custodial platform (with clients accessing accounts via Fidelity logins), Riskalyze provides web-embedded risk scoring, and AE Wealth Management supplies expanded proprietary investment strategies now covering over 85% of client households as of mid-2026. The firm extends into Medicare via a referral and co-marketing partnership with AE Medicare Solutions, and maintains Ed Slott Master Elite IRA Advisor Group membership across multiple advisors for specialty IRA and SECURE Act planning. Content assets include a published book ('FearLESS Retirement'), a monthly YouTube video series ('Matt's Minutes'), a weekly email newsletter ('Richmond Beat'), and a recurring in-person seminar calendar.

Richmond Brothers generates revenue through advisory fees on assets under management (specific AUM-based pricing is not publicly disclosed) along with any commissions or fees tied to the AE Medicare referral pipeline. Its go-to-market is sales-led and event-driven: the firm acquires clients primarily through educational seminars, financial workshops, one-on-one advisory meetings, and referrals from existing clients, supported by content marketing across Facebook, LinkedIn, YouTube, and the firm's blog. Co-owners David S. Richmond (Chairman), Matthew J. Curfman (CEO), and Tara E. Furnas (COO) run the firm alongside approximately 20 staff across advisory, client service, marketing, communications, HR, and compliance functions.

Name

Richmond Brothers, Inc.

Legal name

Richmond Brothers, Inc.

Website

https://richmondbrothers.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Richmond Brothers, Inc. is a family-owned, SEC-registered investment adviser founded in 1994 in Jackson, Michigan. The firm provides personalized retirement income, investment, tax, estate, and Medicare planning services to individuals in or approaching retirement across Michigan and the broader United States.

Ownership category

akta.pro rank

Product category

Retirement and Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Risk Management & Insurance Advisory for Families (FSAAADAK)

akta.pro secondary industry

Estate & Legacy Planning Advisory (FSAEAAAG)

Keywords

• Retirement income planning
• Investment advisory services
• Wealth management
• Estate planning coordination
• Medicare advisory

Headquarters

HQ city

Miusinsk

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Advisory Services: Richmond Brothers is an SEC-registered investment adviser providing personalized investment advisory services to individuals. Revenue is generated through advisory fees, which are charged on assets under management. The firm uses Fidelity as the custodial platform and has expanded offerings through AE Wealth Management strategies.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Richmond Brothers is a family-owned, SEC-registered investment adviser that provides personalized retirement and financial planning services to individuals in or approaching retirement. Core deliverables include comprehensive financial planning (income, investments, taxes, healthcare, legacy) delivered through the proprietary Fearless Financial Approach, ongoing investment management on the Fidelity custodial platform, and estate planning coordination with external attorneys. Client acquisition and engagement are driven by educational seminars, the Matt's Minutes video series, the Richmond Beat newsletter, and one-on-one advisory meetings at the firm's Jackson, Michigan headquarters.

Product overview

Richmond Brothers, Inc. is a family-owned independent financial advisory firm offering a comprehensive suite of retirement planning and wealth management services. The firm operates primarily as a service-based advisory practice rather than a technology product company. Their core offerings include financial planning services using their proprietary 'Fearless Financial Approach' methodology, investment management, Medicare navigation through a partnership program, and educational resources including a published book, video series, and newsletter. The firm also conducts live workshops and seminars on retirement topics. Services are delivered through personalized one-on-one advisory relationships, with a three-step process: Discover (initial consultation), Evaluate (financial analysis), and Plan (custom strategy development).

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Planning Services Comprehensive retirement and financial planning services including portfolio allocation, research, beneficiary and estate planning, long-term tax efficiency, Social Security benefits guidance, Medicare strategy support, and ongoing RECONNECT plan reviews for individual retirees and pre-retirees. Delivered through the proprietary three-step Fearless Financial Approach (Discover, Evaluate, Plan).
• Investment Management Ongoing portfolio management services including asset allocation, investment selection, and continuous portfolio review and rebalancing, with investments held in Fidelity-custodied client accounts and strategy overlays supplied via the AE Wealth Management partnership. Aimed at individual clients in or approaching retirement seeking professionally managed, coordinated portfolios.
• Estate Planning Coordination Coordinated estate planning service that works alongside clients' estate planning attorneys to align beneficiary designations, trust structures, and legacy planning with the broader retirement income and wealth plan. Targeted at individual clients whose retirement goals include wealth transfer, beneficiary alignment, and charitable or family legacy outcomes.

Quantifiable outcome

• Multiple team members with Ed Slott Master Elite IRA Advisor Group membership (15+ years for Matt Curfman; 5+ years for Dan Vredeveld)
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• AE Medicare SolutionscoreGTM or Marketing PartnerRichmond Brothers has partnered with AE Medicare Solutions to help clients navigate Medicare decisions. AE Medicare Solutions provides licensed insurance agents who guide clients through Medicare Part A, B, C, and D options, helping match coverage to client needs and budgets. Richmond Brothers refers clients to AE Medicare Solutions for Medicare-related decisions and co-markets the partnership through its website and intake forms.
• AE Wealth ManagementcoreStrategic or Co-development PartnerRichmond Brothers has expanded its investment strategies and client offerings through a partnership with AE Wealth Management. The firm has implemented AE Wealth strategies across a significant portion of its client base (over 85% of households as of mid-2026), utilizing DocuSign agreements for account transitions. AE Wealth provides proprietary and third-party investment strategies that Richmond Brothers advisors integrate into individualized client portfolios custodied on Fidelity.
• FidelitycoreTechnology or IntegrationRichmond Brothers custodians client assets on Fidelity's advisory platform. Clients access their accounts through Fidelity's login portal, and the firm uses Fidelity's tools and infrastructure for portfolio management and reporting. This is an operational platform partnership rather than a formal co-marketing alliance.
• Ed Slott and Company / Ed Slott Elite IRA Advisor GroupcoreStrategic or Co-development PartnerMultiple Richmond Brothers advisors are members of Ed Slott's Master Elite IRA Advisor Group, an elite network of financial advisors specializing in IRA distribution planning, inherited IRA rules, and retirement tax law. The firm sends advisory team members to Ed Slott's Las Vegas workshops annually to stay current on SECURE Act, SECURE 2.0, and IRA regulations. This membership provides specialized expertise that differentiates the firm's retirement planning services.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Allworth Financial: Mid-size independent RIA providing comprehensive retirement, tax, and estate planning for individuals. Similar in offering breadth, fiduciary model, and event/seminar-driven acquisition.
• Buckingham Strategic Wealth: Independent, fee-only RIA serving individuals and families with comprehensive financial planning including retirement income and estate. Comparable in scale, planning methodology, and advisor-led model.
• Plancorp: Mid-size independent RIA delivering comprehensive retirement and wealth planning to individuals. Similar target market, AUM-based fee model, and integrated planning approach.
• Oak Harvest Financial Group: An independent, fee-only RIA of comparable size focused on retirement and income planning for retirees and pre-retirees. Closely comparable in target client, planning philosophy, and event-driven acquisition model.

Broad incumbents

• Carson Group: Large RIA and partnership platform serving independent advisors with similar retirement-income focus. Overlaps in offering and partner model, but at much greater scale and national reach.
• Mariner Wealth Advisors: National RIA with comprehensive retirement, estate, and tax planning for high-net-worth individuals. Similar service breadth but significantly larger scale and advisor count.
• Edelman Financial Engines: Large national RIA providing comprehensive retirement and investment planning to individual households. Comparable client segment and planning offering, but at substantially larger scale and with proprietary technology.
• Focus Financial Partners: Partnership platform for independent RIAs, many of which serve retiree clients with comprehensive planning. Relevant as both a competitor for client acquisition and a potential acquirer of boutique RIAs like Richmond Brothers.
• Creative Planning: Large independent RIA offering comprehensive retirement, tax, and estate planning to individuals and families. Comparable fiduciary offering and target audience, but with national footprint and far greater headcount.

Others

• AE Wealth Management: Strategic partner of Richmond Brothers providing proprietary and third-party investment strategies for affiliated RIAs. Adjacent as the platform partner that supplies the strategy shelf behind Richmond Brothers' investment management offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCnCGtff69ExB0I02_iI75gg
• Facebookfacebook.com/Richmond.Brothers
• LinkedInlinkedin.com/company/richmond-brothers-inc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Richmond Brothers, Inc.