Since 1998, River Capital Advisors, L.C. has been a financial fiduciary, which means that we
are legally bound to act in your best interest. We have no proprietary products and are not
affiliated, in any way, with the investment managers, custodians, or insurance companies that we
may recommend to you. Our fee-only compensation structure means that we are objective
and put your best interests first, every time. We are proud to be members of The National
Association of Personal Financial Advisors (NAPFA), an organization consisting of highly trained
financial advisors who are committed to working in the best interest of those they serve.
River Capital Advisors, L.C. was founded in 1998 and is a subsidiary of Smoak, Davis & Nixon, LLP, one of the Southeast's oldest and most respected CPA firms, since 1924. We are located in Jacksonville, FL. We are registered with the SEC as an independent, registered investment advisory firm. We were born out of a desire to help individuals in all aspects of their financial lives. Our team of CERTIFIED FINANCIAL PLANNER and Certified Public Accountant professionals are dedicated to helping you achieve financial success.
|Firm Start Year:||1998|
|Name of Broker/Dealer:||Not applicable, we are fee-only|
|Name of Custodial Firm:||Schwab|
|States Licensed in:||Federally Registered RIA|
|Number of Years with Current Firm:||21|
|I work with the following types of clients:||Non-Profit Organizations, Individual Investors, Businesses|
|Advisory Services Provided:||Financial Planning for Businesses, Financial Planning for Individuals, Education Funding and Planning, Retirement Planning, Estate Planning & Trusts, Financial Advice & Consulting, Annuities, Insurance Planning, Tax Advice and Services|
|Investment Types:||Mutual Funds, Bonds, Stocks, Annuities, Insurance, Alternative Investments, Exchange Traded Funds (ETFs)|
|I can meet clients in the following ways:||Via Email, Via Phone, At my office, At your home, Video Conference, At your office|
Qualifications & Memberships
|Financial Organization Memberships:||Financial Planning Association (FPA), American Institute of Certified Public Accountants (AICPA), National Association of Personal Financial Advisors (NAPFA), AICPA Personal Financial Planning Division|
|Firm's Number of Clients:||174|
|Firm's Number of Planning Clients:||174|
|Firm's Number of Managed Clients:||174|
|Assets Managed by Firm:||$189 Million|
|Assets Managed by Advisor:||$230 Million|
|Registered Investment Advisor:||Yes|
|Investment Advisor Representative:||Yes|
|I am an acknowledged fiduciary:||Yes|
|Compliance Disclosures in Last 5 years:||I have a clean record|
|Criminal Disclosures in Last 5 years:||I have a clean record|
Compensation and Fees
|Fee Structure:||Fee Only|
|Minimum Portfolio Size for New Managed Accounts:||$500K|
|Compensation Methods:||Based on Assets|
|Fee % Based on Assets:||1.25|
|Additional Details on Charges:||We have a full range of services to meet the needs of your family. We offer services including full financial planning and wealth management.|
For over 35 years, Ed has provided comprehensive wealth management services to a variety of clients, particularly in the areas of investment advisory, estate planning, income tax planning and retirement planning. In addition to his role as a practicing partner at Smoak, Davis & Nixon LLP, he is the founder and president of River Capital Advisors, L.C. This combination gives Ed the flexibility and resources to provide comprehensive wealth management solutions to his clients. Ed is a CERTIFIED FINANCIAL PLANNER practitioner (CFP®), a licensed Certified Public Accountant (CPA) and a Personal Financial Specialist (PFS) through the American Institute of Certified Public Accountants (AICPA). He holds a bachelor's degree in accounting from Fairleigh Dickinson University.
Our team of CERTIFIED FINANCIAL PLANNER and Certified Public Accountant professionals are dedicated to helping you achieve financial success. As a team we have over 50 years of experience in this industry. What does this mean to you? We know how to assist with complex planning situations and can advise on areas that other firms may not have dealt with previously. Our team of professionals have all passed rigorous exams that are specific to helping you reach your goals. We work as a team so as a client you will work with multiple professionals within the firm and gain from our collective experience.
Financial Advice & Consulting
At River Capital Advisors L.C., we will get to know you, your family and review your current financial situation. After we understand who you are, we will begin to develop a strategy to help you achieve your goals . We help keep you accountable for your goals and adapt to changes in your life as they arise. Our approach to planning is personalized and proactive - designed to be appropriate for your current situation and to anticipate your future goals and needs. We know that every client is different and deserves a plan created exclusively for them.
Financial Planning for Individuals
Large corporations and organizations have a chief financial officer (CFO) and we believe you should too. As your personal CFO, we can provide you full financial planning and wealth management in virtually every area of your financial life. You will have full access to our planner team for all of your financial planning needs.
Financial Planning for Businesses
What happens if you get sick or are unable to work? Do you have a succession plan? Our team understands small and mid-sized businesses and the particular situations you face. We can help you plan for your businesses' future and make sure you are on a stable footing. *Business formation and record keeping services can be provided via a separate charge from our affiliated CPA firm, Smoak, Davis, & Nixon LLP.
Rob Simon CFP®
Stephen Kyle CFP®
Bradley Miller CFP®
|Mon.||8:00 AM - 5:00 PM|
|Tue.||8:00 AM - 5:00 PM|
|Wed.||8:00 AM - 5:00 PM|
|Thu.||8:00 AM - 5:00 PM|
|Fri.||8:00 AM - 5:00 PM|
|Atlantic Beach||Green Cove Springs|
|Orange Park||Penney Farms|
|Ponte Vedra Beach||Saint Augustine|