wiseradvisor

Edward P. Schmitzer
River Capital Advisors, L.C

Tel: (904) 398-2075
5011 Gate Parkway
Building 100, Suite 300
Jacksonville, FL 32256

Financial professionals dedicated to serving your interests.

River Capital Advisors, L.C | Financial Advisor in Jacksonville ,FL


About River Capital Advisors, L.C

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.


General Information

Firm Start Year:   1998
No.of Employees:   5-9
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:   Individual Investors, Non-Profit Organizations, Businesses


Services

Investment Types:   Alternative Investments, Exchange Traded Funds (ETFs), Mutual Funds, Bonds, Stocks, Annuities
I can meet clients in the following ways:   At your home, At my office, Via phone, At your office, Via email


Qualifications & Memberships

Financial Organization Memberships:   American Institute of Certified Public Accountants (AICPA), National Association of Personal Financial Advisors (NAPFA), AICPA Personal Financial Planning Division, Financial Planning Association (FPA), Paladin Registry


Firm Information

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:   $189 Million


Compliance

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.



Faqs

  • Do you have a customer satisfaction or refund policy? Clients who engage us are free to leave at any time. We do not have any exit fees, minimum holding periods, or surrender charges.
  • What financial institution(s) do you represent? We use Schwab as the custodian for all client accounts. We are completely independent of Schwab which allows us the freedom to provide objective recommendations to you.
  • How do you charge for your services? Our cost of services are based on assets under management.
  • Why should I choose you as my financial advisor? Since our founding, we have always been a fee-only, financial fiduciary to our clients. The global financial turmoil of the early 21st century demonstrated the value of an independent and objective voice in a world full of salespeople and product pushers. Buying a product is not a financial strategy and we will help you filter out the noise.
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Disclaimer

http://www.rcawealth.com/disclaimer/

Edward P. Schmitzer

Edward P. Schmitzer

CPA, PFS, CERTIFIED FINANCIAL PLANNER™ Certificant

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.

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My Services

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.


My Team

Rob Simon
Rob Simon CFP®
Rob is the Vice President of River Capital Advisors and a Partner in the firm. He has been providing financial planning and security analysis for over 10 years. He is involved in security selection for the firm as well as review of current asset classes. Rob has been researching investments since high school. His parents included him in meetings with their financial advisors over the years. It was during these meetings that he came to understand that the advisors were not necessarily looking out ...more

Stephen Kyle
Stephen Kyle CFP®
Stephen is a Wealth Manager at River Capital Advisors. He has worked in the financial services industry since 2010. Stephen is a CERTIFIED FINANCIAL PLANNER" practitioner (CFP®) and received his Bachelor of Arts degree from Florida State University. Prior to coming to River Capital Advisors, he worked in an insurance agency and gained extensive knowledge in property and casualty, life, and health insurance. While working at the agency, he would see many clients struggling to pay ...more

Bradley Miller
Bradley Miller CFP®
As a Wealth Manager Associate, Bradley is involved in setting up new accounts and initiating transfers for clients as well as assisting them throughout the on- boarding process. He also helps clients with service requests, as well as trading and deposits and withdrawals. Bradley also works closely with the firm's Wealth Managers assisting in various aspects of the financial and investment planning process. Bradley was a former intern for River Capital Advisors and upon graduatio ...more

Office Hours

wiseradvisor-balck-li-img Mon. 8:00 AM - 5:00 PM
wiseradvisor-balck-li-img Tue. 8:00 AM - 5:00 PM
wiseradvisor-balck-li-img Wed. 8:00 AM - 5:00 PM
wiseradvisor-balck-li-img Thu. 8:00 AM - 5:00 PM
wiseradvisor-balck-li-img Fri. 8:00 AM - 5:00 PM

Communities Served

Atlantic Beach Green Cove Springs
Jacksonville Jacksonville Beach
Middleburg Neptune Beach
Orange Park Penney Farms
Ponte Vedra Beach Saint Augustine
Saint Johns