River Capital Advisors, Lc

River Capital Advisors, LC, established in 1998, is a Jacksonville-based investment advisory firm specializing in wealth management services for high net worth individuals, corporations, trusts, estates, and charitable organizations. The firm offers portfolio management, financial planning, and consulting services. Clients receive personalized financial outlines and investment plans based on their financial circumstances, goals, risk tolerance, and time horizon. River Capital Advisors primarily operates on a discretionary basis but also offers non-discretionary consulting services. The firm may recommend the use of Separate Account Managers when suitable, and clients may have investment restrictions. River Capital Advisors acts as a fiduciary for accounts meeting Department of Labor rules. The firm does not have performance-based fees and does not engage in side-by-side management. Clients typically have a minimum portfolio value of $750,000, with fees based on a percentage of assets under management. The firm reviews accounts quarterly and provides annual reports. River Capital Advisors recommends Charles Schwab & Co., Inc. as a custodian for client assets. The firm may receive economic benefits from Schwab, and clients enrolled in the Schwab Intelligent Portfolios Program have access to institutional services. River Capital Advisors does not vote proxies for new clients but may do so for legacy clients. The firm's complete proxy voting policy is available upon request. River Capital Advisors does not require prepayment of fees exceeding $1,200 in advance.