Media
Sharing the news about this day is difficult. This year has been filled with global pandemics, massive employment losses, failing global economies and now devastating social unrest. Many people in our country are experiencing very real despair, tough economic times and now living a life that they never asked for or even imagined.
Celebrating anything right now is difficult.
However, not to mention this date would be a missed opportunity to acknowledge and reflect on the great strides made to create something we can be proud of. It has been a hard 365 days, but it has also been very satisfying to look back on what we have accomplished. Something done right in a season when many things seem wrong.
We are thankful and grateful to our spouses, our families, friends and especially our clients for their support and confidence in the past year. We knew building the kind of company we wanted to be proud of would be hard and require very big sacrifices physically, financially and emotionally. You have our heartfelt gratitude.
All the best,
Royal Harbor Partners Wealth Management
Community Engagement
Keep up to date and with articles and press releases
Our open house
February 27, 2020 – Royal Harbor Partners welcomed friends, family and clients to their very first open house celebration at their new office suite near Ellington Airport in Houston, Texas. The usually quiet office was filled with fantastic food, cold champagne, bright flowers and enthusiastic well wishers.
Since launching their RIA in June 2019, the partners have been anxiously waiting to celebrate with an occasion like this to share food and drink with their clients and family that have been amazingly supportive and encouraging.
Men Who Cook
February 11, 2020 – One of our partners, Glenn Royal, was once again a celebrity chef at this year’s Seabrook Men Who Cook. He was joined by almost 100 celebrity chefs that donate their time and cooking skills to benefit charities in and around the Seabrook, Texas area.
Held every year at the beautiful Lakewood Yacht Club, guests sample hundreds of delicious dishes from a variety of local restaurants and backyard chefs, bid on silent auction items and dance to live music. Royal Harbor Partners are deeply involved with their community and the region they live and work in. This fantastic event is only one of the many organizations the Partners support with their time and energy.
Sanctuary Foster Care Services
February 8, 2020 – RHP was up bright and early in support of Sanctuary Foster Care Services at their very first 5K Fun Run. There were almost 400 participants, the weather was perfect for running (and walking) and nearly $8500 was raised! Sanctuary plans to make this an annual event and they hope for another big turn out next year.
Royal Harbor Partners donated a beautiful olive tree as a door prize. An olive tree was chosen because it represents peace and longevity and will provide years of enjoyment for its new owner and her family for generations to come.
In the photo, one of our partners, Natalie Picha, with the event’s grand door prize winner.
Financial Planning
Coming Soon
Client Relationship Summary
Form ADV Part 3 – Client Relationship Summary
Date: 01/18/2023
ROYAL HARBOR PARTNERS, LLC is an investment adviser registered with the Securities and Exchange Commission offering advisory accounts and services. This document gives you a summary of the types of services and fees we offer. Brokerage and investment advisory services and fees differ, and it is important for the retail investor to understand the differences. Please visit Investor.gov/CRS for free, simple tools to research firms and for educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
Services: Our firm primarily offers the following investment advisory services to retail clients: portfolio management (we review your portfolio, investment strategy, and investments); solicitor/selection of other advisers (we select a third-party adviser for you to use); financial planning (we assess your financial situation and provide advice to meet your goals).
Monitoring: As part of our standard services, we typically monitor clients’ discretionary accounts on a daily basis. Our firm has discretionary management without any material limitations.
Limited Investment Offerings: While we don’t limit the type of investments we offer, we do limit the types of investments that are recommended since not every type of investment vehicle is needed to create an appropriate portfolio.
Account Minimums and Other Requirements: Our firm does have a minimum account size for our ‘Family’ service level. The other service levels do not have an account minimum, though they do have minimum fees. Please also see our Form ADV Part 2A (“Brochure”), specifically Items 4 & 7, for additional information.
Questions to ask us:
- Given my financial situation, should I choose an investment advisory service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
Principal Fees and Costs: Our fees vary depending on the services you receive. A client receiving ongoing portfolio management will pay a percentage of the assets in your account. The more assets you have in your advisory account, the more you will pay us, and thus we have the incentive to encourage you to increase those assets under our management. Our fixed fee arrangements are based on the amount of work we expect to perform for you, so material changes in that amount of work will affect the advisory fee we quote you. Specifically, fees are paid as follows: Portfolio management fees are paid monthly in advance, while financial planning fees are charged half in advance, and half at completion.
Third-Party Costs: Some investments(e.g.,mutualfunds, variable annuities, etc.)impose additional fees (e.g., transactional fees and product-level fees) that reduce the value of your investment over time. You may also pay feesto a custodian that will hold your assets. Additionally, you will typically pay transaction fees when we buy and sell an investment for your account. Please also see our Brochure for additional details.
Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Please also see Items 4, 5, 6, 7 & 8 of our Brochure.
Questions to ask us:
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means:
Primarily, we benefit from the advisory services we provide to you because of the advisory fees we receive from you. This compensation may vary based on different factors, such as those listed above in this item. The more assets you allow us to manage on your behalf, the more we will make in fees. Please also see Item 10 of our Brochure for additional information.
Questions to ask us:
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals receive compensation from the revenue the firm earns from the firm’s advisory services. The compensation is provided through salary and a discretionary bonus based on their individual performance goals and the success of the firm. This is a conflict of interest because our financial professionals have the incentive to encourage you to increase the assets in your accounts. Some employees receive additional compensation for bringing a new client into the firm. This presents a conflict of interest as the employee has an additional incentive to recommend that the prospect become a client.
Do you or your financial professionals have legal or disciplinary history?
No. Visit Investor.gov/CRS for a free, simple search tool to research us and our financial professionals.
Questions to ask us:
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
If you have any questions, need additional up-to-date information, or want another copy of this Client Relationship Summary, please contact us at (713) 554-2252. For additional information on our advisory services, see our Brochure available at https://adviserinfo.sec.gov/firm/summary/304735 and any individual brochure supplement your representative provides.
Questions to ask us:
- Who is my primary contact person?
- Is he or she a representative of an investment adviser or a broker-dealer?
- Who can I talk to if I have concerns about how this person is treating me?
Exhibit A – Material Changes to Client Relationship Summary
Updated Client Relationship Summary to better align with the prescribed SEC instructions.
Sharing the news about this day is difficult. This year has been filled with global pandemics, massive employment losses, failing global economies and now devastating social unrest. Many people in our country are experiencing very real despair, tough economic times and now living a life that they never asked for or even imagined.
Celebrating anything right now is difficult.
However, not to mention this date would be a missed opportunity to acknowledge and reflect on the great strides made to create something we can be proud of. It has been a hard 365 days, but it has also been very satisfying to look back on what we have accomplished. Something done right in a season when many things seem wrong.
We are thankful and grateful to our spouses, our families, friends and especially our clients for their support and confidence in the past year. We knew building the kind of company we wanted to be proud of would be hard and require very big sacrifices physically, financially and emotionally. You have our heartfelt gratitude.
All the best,
Royal Harbor Partners Wealth Management
In the News
Keep up to date and with articles and press releases
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
$300m Merrill team breaks away to start indie RIA
Ex-Merrill Lynch FAs Launch Own Firm
Texas town mayors leave Merrill to start RIA
(PDF attached)
Texas Trio Launch $165M Houston Practice
Merrill Team Breaks Away to Form New Hybrid RIA
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Community Engagement
Keep up to date and with articles and press releases
Our open house
February 27, 2020 – Royal Harbor Partners welcomed friends, family and clients to their very first open house celebration at their new office suite near Ellington Airport in Houston, Texas. The usually quiet office was filled with fantastic food, cold champagne, bright flowers and enthusiastic well wishers.
Since launching their RIA in June 2019, the partners have been anxiously waiting to celebrate with an occasion like this to share food and drink with their clients and family that have been amazingly supportive and encouraging.
Men Who Cook
February 11, 2020 – One of our partners, Glenn Royal, was once again a celebrity chef at this year’s Seabrook Men Who Cook. He was joined by almost 100 celebrity chefs that donate their time and cooking skills to benefit charities in and around the Seabrook, Texas area.
Held every year at the beautiful Lakewood Yacht Club, guests sample hundreds of delicious dishes from a variety of local restaurants and backyard chefs, bid on silent auction items and dance to live music. Royal Harbor Partners are deeply involved with their community and the region they live and work in. This fantastic event is only one of the many organizations the Partners support with their time and energy.
Sanctuary Foster Care Services
February 8, 2020 – RHP was up bright and early in support of Sanctuary Foster Care Services at their very first 5K Fun Run. There were almost 400 participants, the weather was perfect for running (and walking) and nearly $8500 was raised! Sanctuary plans to make this an annual event and they hope for another big turn out next year.
Royal Harbor Partners donated a beautiful olive tree as a door prize. An olive tree was chosen because it represents peace and longevity and will provide years of enjoyment for its new owner and her family for generations to come.
In the photo, one of our partners, Natalie Picha, with the event’s grand door prize winner.
Market Research
To view our recent Market Updates, click on the links below.
Insight and Education
U.S. Chamber of Commerce
Coronavirus Emergency Loans Small Business Checklist
Financial Planning
Coming Soon
Client Relationship Summary
Form ADV Part 3 – Client Relationship Summary
Date: 01/18/2023
ROYAL HARBOR PARTNERS, LLC is an investment adviser registered with the Securities and Exchange Commission offering advisory accounts and services. This document gives you a summary of the types of services and fees we offer. Brokerage and investment advisory services and fees differ, and it is important for the retail investor to understand the differences. Please visit Investor.gov/CRS for free, simple tools to research firms and for educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
Services: Our firm primarily offers the following investment advisory services to retail clients: portfolio management (we review your portfolio, investment strategy, and investments); solicitor/selection of other advisers (we select a third-party adviser for you to use); financial planning (we assess your financial situation and provide advice to meet your goals).
Monitoring: As part of our standard services, we typically monitor clients’ discretionary accounts on a daily basis. Our firm has discretionary management without any material limitations.
Limited Investment Offerings: While we don’t limit the type of investments we offer, we do limit the types of investments that are recommended since not every type of investment vehicle is needed to create an appropriate portfolio.
Account Minimums and Other Requirements: Our firm does have a minimum account size for our ‘Family’ service level. The other service levels do not have an account minimum, though they do have minimum fees. Please also see our Form ADV Part 2A (“Brochure”), specifically Items 4 & 7, for additional information.
Questions to ask us:
- Given my financial situation, should I choose an investment advisory service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
Principal Fees and Costs: Our fees vary depending on the services you receive. A client receiving ongoing portfolio management will pay a percentage of the assets in your account. The more assets you have in your advisory account, the more you will pay us, and thus we have the incentive to encourage you to increase those assets under our management. Our fixed fee arrangements are based on the amount of work we expect to perform for you, so material changes in that amount of work will affect the advisory fee we quote you. Specifically, fees are paid as follows: Portfolio management fees are paid monthly in advance, while financial planning fees are charged half in advance, and half at completion.
Third-Party Costs: Some investments(e.g.,mutualfunds, variable annuities, etc.)impose additional fees (e.g., transactional fees and product-level fees) that reduce the value of your investment over time. You may also pay feesto a custodian that will hold your assets. Additionally, you will typically pay transaction fees when we buy and sell an investment for your account. Please also see our Brochure for additional details.
Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Please also see Items 4, 5, 6, 7 & 8 of our Brochure.
Questions to ask us:
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means:
Primarily, we benefit from the advisory services we provide to you because of the advisory fees we receive from you. This compensation may vary based on different factors, such as those listed above in this item. The more assets you allow us to manage on your behalf, the more we will make in fees. Please also see Item 10 of our Brochure for additional information.
Questions to ask us:
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals receive compensation from the revenue the firm earns from the firm’s advisory services. The compensation is provided through salary and a discretionary bonus based on their individual performance goals and the success of the firm. This is a conflict of interest because our financial professionals have the incentive to encourage you to increase the assets in your accounts. Some employees receive additional compensation for bringing a new client into the firm. This presents a conflict of interest as the employee has an additional incentive to recommend that the prospect become a client.
Do you or your financial professionals have legal or disciplinary history?
No. Visit Investor.gov/CRS for a free, simple search tool to research us and our financial professionals.
Questions to ask us:
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
If you have any questions, need additional up-to-date information, or want another copy of this Client Relationship Summary, please contact us at (713) 554-2252. For additional information on our advisory services, see our Brochure available at https://adviserinfo.sec.gov/firm/summary/304735 and any individual brochure supplement your representative provides.
Questions to ask us:
- Who is my primary contact person?
- Is he or she a representative of an investment adviser or a broker-dealer?
- Who can I talk to if I have concerns about how this person is treating me?
Exhibit A – Material Changes to Client Relationship Summary
Updated Client Relationship Summary to better align with the prescribed SEC instructions.
Sharing the news about this day is difficult. This year has been filled with global pandemics, massive employment losses, failing global economies and now devastating social unrest. Many people in our country are experiencing very real despair, tough economic times and now living a life that they never asked for or even imagined.
Celebrating anything right now is difficult.
However, not to mention this date would be a missed opportunity to acknowledge and reflect on the great strides made to create something we can be proud of. It has been a hard 365 days, but it has also been very satisfying to look back on what we have accomplished. Something done right in a season when many things seem wrong.
We are thankful and grateful to our spouses, our families, friends and especially our clients for their support and confidence in the past year. We knew building the kind of company we wanted to be proud of would be hard and require very big sacrifices physically, financially and emotionally. You have our heartfelt gratitude.
All the best,
Royal Harbor Partners Wealth Management
Community Engagement
Keep up to date and with articles and press releases
Our open house
February 27, 2020 – Royal Harbor Partners welcomed friends, family and clients to their very first open house celebration at their new office suite near Ellington Airport in Houston, Texas. The usually quiet office was filled with fantastic food, cold champagne, bright flowers and enthusiastic well wishers.
Since launching their RIA in June 2019, the partners have been anxiously waiting to celebrate with an occasion like this to share food and drink with their clients and family that have been amazingly supportive and encouraging.
Men Who Cook
February 11, 2020 – One of our partners, Glenn Royal, was once again a celebrity chef at this year’s Seabrook Men Who Cook. He was joined by almost 100 celebrity chefs that donate their time and cooking skills to benefit charities in and around the Seabrook, Texas area.
Held every year at the beautiful Lakewood Yacht Club, guests sample hundreds of delicious dishes from a variety of local restaurants and backyard chefs, bid on silent auction items and dance to live music. Royal Harbor Partners are deeply involved with their community and the region they live and work in. This fantastic event is only one of the many organizations the Partners support with their time and energy.
Sanctuary Foster Care Services
February 8, 2020 – RHP was up bright and early in support of Sanctuary Foster Care Services at their very first 5K Fun Run. There were almost 400 participants, the weather was perfect for running (and walking) and nearly $8500 was raised! Sanctuary plans to make this an annual event and they hope for another big turn out next year.
Royal Harbor Partners donated a beautiful olive tree as a door prize. An olive tree was chosen because it represents peace and longevity and will provide years of enjoyment for its new owner and her family for generations to come.
In the photo, one of our partners, Natalie Picha, with the event’s grand door prize winner.
Financial Planning
Coming Soon
Client Relationship Summary
Form ADV Part 3 – Client Relationship Summary
Date: 01/18/2023
ROYAL HARBOR PARTNERS, LLC is an investment adviser registered with the Securities and Exchange Commission offering advisory accounts and services. This document gives you a summary of the types of services and fees we offer. Brokerage and investment advisory services and fees differ, and it is important for the retail investor to understand the differences. Please visit Investor.gov/CRS for free, simple tools to research firms and for educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
Services: Our firm primarily offers the following investment advisory services to retail clients: portfolio management (we review your portfolio, investment strategy, and investments); solicitor/selection of other advisers (we select a third-party adviser for you to use); financial planning (we assess your financial situation and provide advice to meet your goals).
Monitoring: As part of our standard services, we typically monitor clients’ discretionary accounts on a daily basis. Our firm has discretionary management without any material limitations.
Limited Investment Offerings: While we don’t limit the type of investments we offer, we do limit the types of investments that are recommended since not every type of investment vehicle is needed to create an appropriate portfolio.
Account Minimums and Other Requirements: Our firm does have a minimum account size for our ‘Family’ service level. The other service levels do not have an account minimum, though they do have minimum fees. Please also see our Form ADV Part 2A (“Brochure”), specifically Items 4 & 7, for additional information.
Questions to ask us:
- Given my financial situation, should I choose an investment advisory service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
Principal Fees and Costs: Our fees vary depending on the services you receive. A client receiving ongoing portfolio management will pay a percentage of the assets in your account. The more assets you have in your advisory account, the more you will pay us, and thus we have the incentive to encourage you to increase those assets under our management. Our fixed fee arrangements are based on the amount of work we expect to perform for you, so material changes in that amount of work will affect the advisory fee we quote you. Specifically, fees are paid as follows: Portfolio management fees are paid monthly in advance, while financial planning fees are charged half in advance, and half at completion.
Third-Party Costs: Some investments(e.g.,mutualfunds, variable annuities, etc.)impose additional fees (e.g., transactional fees and product-level fees) that reduce the value of your investment over time. You may also pay feesto a custodian that will hold your assets. Additionally, you will typically pay transaction fees when we buy and sell an investment for your account. Please also see our Brochure for additional details.
Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Please also see Items 4, 5, 6, 7 & 8 of our Brochure.
Questions to ask us:
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means:
Primarily, we benefit from the advisory services we provide to you because of the advisory fees we receive from you. This compensation may vary based on different factors, such as those listed above in this item. The more assets you allow us to manage on your behalf, the more we will make in fees. Please also see Item 10 of our Brochure for additional information.
Questions to ask us:
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals receive compensation from the revenue the firm earns from the firm’s advisory services. The compensation is provided through salary and a discretionary bonus based on their individual performance goals and the success of the firm. This is a conflict of interest because our financial professionals have the incentive to encourage you to increase the assets in your accounts. Some employees receive additional compensation for bringing a new client into the firm. This presents a conflict of interest as the employee has an additional incentive to recommend that the prospect become a client.
Do you or your financial professionals have legal or disciplinary history?
No. Visit Investor.gov/CRS for a free, simple search tool to research us and our financial professionals.
Questions to ask us:
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
If you have any questions, need additional up-to-date information, or want another copy of this Client Relationship Summary, please contact us at (713) 554-2252. For additional information on our advisory services, see our Brochure available at https://adviserinfo.sec.gov/firm/summary/304735 and any individual brochure supplement your representative provides.
Questions to ask us:
- Who is my primary contact person?
- Is he or she a representative of an investment adviser or a broker-dealer?
- Who can I talk to if I have concerns about how this person is treating me?
Exhibit A – Material Changes to Client Relationship Summary
Updated Client Relationship Summary to better align with the prescribed SEC instructions.
Sharing the news about this day is difficult. This year has been filled with global pandemics, massive employment losses, failing global economies and now devastating social unrest. Many people in our country are experiencing very real despair, tough economic times and now living a life that they never asked for or even imagined.
Celebrating anything right now is difficult.
However, not to mention this date would be a missed opportunity to acknowledge and reflect on the great strides made to create something we can be proud of. It has been a hard 365 days, but it has also been very satisfying to look back on what we have accomplished. Something done right in a season when many things seem wrong.
We are thankful and grateful to our spouses, our families, friends and especially our clients for their support and confidence in the past year. We knew building the kind of company we wanted to be proud of would be hard and require very big sacrifices physically, financially and emotionally. You have our heartfelt gratitude.
All the best,
Royal Harbor Partners Wealth Management
In the News
Keep up to date and with articles and press releases
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
$300m Merrill team breaks away to start indie RIA
Ex-Merrill Lynch FAs Launch Own Firm
Texas town mayors leave Merrill to start RIA
(PDF attached)
Texas Trio Launch $165M Houston Practice
Merrill Team Breaks Away to Form New Hybrid RIA
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Community Engagement
Keep up to date and with articles and press releases
Our open house
February 27, 2020 – Royal Harbor Partners welcomed friends, family and clients to their very first open house celebration at their new office suite near Ellington Airport in Houston, Texas. The usually quiet office was filled with fantastic food, cold champagne, bright flowers and enthusiastic well wishers.
Since launching their RIA in June 2019, the partners have been anxiously waiting to celebrate with an occasion like this to share food and drink with their clients and family that have been amazingly supportive and encouraging.
Men Who Cook
February 11, 2020 – One of our partners, Glenn Royal, was once again a celebrity chef at this year’s Seabrook Men Who Cook. He was joined by almost 100 celebrity chefs that donate their time and cooking skills to benefit charities in and around the Seabrook, Texas area.
Held every year at the beautiful Lakewood Yacht Club, guests sample hundreds of delicious dishes from a variety of local restaurants and backyard chefs, bid on silent auction items and dance to live music. Royal Harbor Partners are deeply involved with their community and the region they live and work in. This fantastic event is only one of the many organizations the Partners support with their time and energy.
Sanctuary Foster Care Services
February 8, 2020 – RHP was up bright and early in support of Sanctuary Foster Care Services at their very first 5K Fun Run. There were almost 400 participants, the weather was perfect for running (and walking) and nearly $8500 was raised! Sanctuary plans to make this an annual event and they hope for another big turn out next year.
Royal Harbor Partners donated a beautiful olive tree as a door prize. An olive tree was chosen because it represents peace and longevity and will provide years of enjoyment for its new owner and her family for generations to come.
In the photo, one of our partners, Natalie Picha, with the event’s grand door prize winner.
Market Research
To view our recent Market Updates, click on the links below.
Insight and Education
U.S. Chamber of Commerce
Coronavirus Emergency Loans Small Business Checklist
Financial Planning
Coming Soon
Client Relationship Summary
Form ADV Part 3 – Client Relationship Summary
Date: 01/18/2023
ROYAL HARBOR PARTNERS, LLC is an investment adviser registered with the Securities and Exchange Commission offering advisory accounts and services. This document gives you a summary of the types of services and fees we offer. Brokerage and investment advisory services and fees differ, and it is important for the retail investor to understand the differences. Please visit Investor.gov/CRS for free, simple tools to research firms and for educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
Services: Our firm primarily offers the following investment advisory services to retail clients: portfolio management (we review your portfolio, investment strategy, and investments); solicitor/selection of other advisers (we select a third-party adviser for you to use); financial planning (we assess your financial situation and provide advice to meet your goals).
Monitoring: As part of our standard services, we typically monitor clients’ discretionary accounts on a daily basis. Our firm has discretionary management without any material limitations.
Limited Investment Offerings: While we don’t limit the type of investments we offer, we do limit the types of investments that are recommended since not every type of investment vehicle is needed to create an appropriate portfolio.
Account Minimums and Other Requirements: Our firm does have a minimum account size for our ‘Family’ service level. The other service levels do not have an account minimum, though they do have minimum fees. Please also see our Form ADV Part 2A (“Brochure”), specifically Items 4 & 7, for additional information.
Questions to ask us:
- Given my financial situation, should I choose an investment advisory service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
Principal Fees and Costs: Our fees vary depending on the services you receive. A client receiving ongoing portfolio management will pay a percentage of the assets in your account. The more assets you have in your advisory account, the more you will pay us, and thus we have the incentive to encourage you to increase those assets under our management. Our fixed fee arrangements are based on the amount of work we expect to perform for you, so material changes in that amount of work will affect the advisory fee we quote you. Specifically, fees are paid as follows: Portfolio management fees are paid monthly in advance, while financial planning fees are charged half in advance, and half at completion.
Third-Party Costs: Some investments(e.g.,mutualfunds, variable annuities, etc.)impose additional fees (e.g., transactional fees and product-level fees) that reduce the value of your investment over time. You may also pay feesto a custodian that will hold your assets. Additionally, you will typically pay transaction fees when we buy and sell an investment for your account. Please also see our Brochure for additional details.
Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Please also see Items 4, 5, 6, 7 & 8 of our Brochure.
Questions to ask us:
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means:
Primarily, we benefit from the advisory services we provide to you because of the advisory fees we receive from you. This compensation may vary based on different factors, such as those listed above in this item. The more assets you allow us to manage on your behalf, the more we will make in fees. Please also see Item 10 of our Brochure for additional information.
Questions to ask us:
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals receive compensation from the revenue the firm earns from the firm’s advisory services. The compensation is provided through salary and a discretionary bonus based on their individual performance goals and the success of the firm. This is a conflict of interest because our financial professionals have the incentive to encourage you to increase the assets in your accounts. Some employees receive additional compensation for bringing a new client into the firm. This presents a conflict of interest as the employee has an additional incentive to recommend that the prospect become a client.
Do you or your financial professionals have legal or disciplinary history?
No. Visit Investor.gov/CRS for a free, simple search tool to research us and our financial professionals.
Questions to ask us:
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
If you have any questions, need additional up-to-date information, or want another copy of this Client Relationship Summary, please contact us at (713) 554-2252. For additional information on our advisory services, see our Brochure available at https://adviserinfo.sec.gov/firm/summary/304735 and any individual brochure supplement your representative provides.
Questions to ask us:
- Who is my primary contact person?
- Is he or she a representative of an investment adviser or a broker-dealer?
- Who can I talk to if I have concerns about how this person is treating me?
Exhibit A – Material Changes to Client Relationship Summary
Updated Client Relationship Summary to better align with the prescribed SEC instructions.
