Rlc Business Services, Inc.

RLC Business Services, Inc. is a specialized investment advisory firm established in 1998 and located in Naples, Florida. The firm provides investment supervisory services, managing client portfolios on a discretionary basis, focusing on Government Agency and Treasury instruments, municipal bonds, and certificates of deposit. RLC caters to individuals, trusts, estates, charitable organizations, and corporations, with discretionary assets totaling $52,892,589 and non-discretionary assets at $22,577,200 as of December 31, 2023. For investment supervisory services, RLC charges fees ranging from 0.20% to 0.50% of assets under management, with no minimum annual fee required. The firm may negotiate lower fees under certain circumstances. RLC does not charge performance-based fees and does not manage client relationships for mutual funds or hedge funds. The firm's investment philosophy focuses on safety, income, or a combination thereof, primarily investing in U.S. Treasury and Agency securities, municipal bonds, and certificates of deposit. RLC employs fundamental analysis and asset allocation strategies, with a long-term purchase approach. The firm does not engage in option writing. Dennis L. Ritchie, the principal shareholder and President, oversees all investment advice and is responsible for monitoring client portfolios and ensuring client objectives are met. Ritchie has a Bachelor of Science in Business degree in Accounting and has no history of regulatory or disciplinary events.