Curi RMB Capital is a large financial advisor firm headquartered in Chicago. The comapny, which is the product of a 2024 merger between Curi Capital and RMB Capital Management, is ranked as one of the top financial advisors in Chicago.
This fee-based firm provides a wide range of financial services that generally include investment portfolio management, financial planning and consulting, as well as private fund mangement.
Curi RMB Capital Background
The firm traces its roots back to the founding of RMB Capital in 2005. Curi Capital, which was founded in 2015, merged with RMB on Jan. 1, 2024 to form the current company, which manages over $8 billion in assets.
Curi RMB is primarily owned by Curi Capital, LLC, which is itself fully owned by MMIC Investment Holdings, Inc. MMIC Investment Holdings is fully owned by Curi Holdings, Inc. Additionally, Richard M. Burridge and Frederick Paulman, the co-founders of RMB Capital, along with other previous owners of Curi Capital and RMB Capital, still hold ownership stakes in Curi RMB Capital, LLC.
Advisors at Curi RMB Capital hold a variety of professional certifications, including the chartered financial analyst (CFA), Certified Financial Planner™ (CFP®), certified public accountant (CPA) and certified private wealth advisor (CPWA) designations, among others.
Curi RMB Capital Client Types and Minimum Account Sizes
Curi RMB Capital works with a diverse client base. These clients include both non-high-net-worth and high-net-worth individuals, as well as investment companies, pooled investment vehicles, pension and profit sharing plans, charitable organizations, other investment advisors, insurance companies and corporations.
The firm typically imposes a $1 million miminimum account size or charges a minimum annual fee of $10,000, charged quarterly.
Services Offered by Curi RMB Capital
Curi RMB Capital offers clients a wide range of services. Its wealth management services are comprehensive and may include financial planning, portfolio management, asset allocation recommendations and more. The firm may also take advantage of third-party managers.
Separately managed accounts (SMAs) and asset management services are offered both in-house and from third parties. Private fund strategies, mutual funds, family office services and retirement plan services are included in this large firm's service offerings.
Curi RMB Capital Investment Philosophy
When developing investment strategies, Curi RMB Capital works with each client on an individual level to ensure that their goals and financial needs are being met. It specifically places an emphasis on long-term objectives when crafting a financial or investment plan, taking into account factors like risk tolerance, time horizon, income needs and even desired investment strategies.
In order to inform its decisions when creating these customized investment plans, RMB and its advisors do a significant amount of research. Its primary method of analysis is fundamental analysis, which looks to identify investment opportunities through the risk-reward ratio of each potential security.
Fees Under Curi RMB Capital
Fee schedules at Curi RMB Capital vary depending on the strategy or service you use. Many of these options have no set fee schedule. For example, fees for wealth management services vary based on a variety of considerations, but typically range between 0.25% and 1.00% of the client's assets under management (AUM).
The fees for SMAs have more defined schedules, though, and they are shown below. Note that other funds and third-party managers may charge different fees for certain products or for being engaged in certain strategies.
| Model-Based Strategies | |
| Total AUM | Annual Fee |
| First $250K | 0.35% |
| Next $750K | 0.35% |
| Next $2MM | 0.325% |
| Next $5MM | 0.30% |
| Next $15MM | 0.25% |
| Core Equity/Balanced Strategies | |
| Total AUM | Annual Fee |
| First $1MM | 0.50% |
| Next $2MM | 0.50% |
| Next $2MM | 0.475% |
| Next $5MM | 0.45% |
| Next $15MM | 0.425% |
| Over $25MM | 0.40% |
| Taxable and Tax-Exempt Fixed-Income | |
| Total AUM | Annual Fee |
| First $1MM | 0.35% |
| Next $2MM | 0.35% |
| Next $2MM | 0.325% |
| Next $5MM | 0.30% |
| Next $15MM | 0.275% |
| Over $25MM | 0.25% |
| International-Focused Equity Strategies | |
| Total AUM | Annual Fee |
| First $1MM | 1.00% |
| Next $2MM | 0.975% |
| Next $2MM | 0.95% |
| Next $5MM | 0.90% |
| Next $15MM | 0.825% |
| Over $25MM | 0.75% |
| Small-Cap Focus | |
| Total AUM | Annual Fee |
| First $2MM | 0.75% |
| Next $2MM - $5MM | 0.70% |
| Next $5MM - $10MM | 0.65% |
| Next $10MM - $20MM | 0.60% |
| Over $20MM | 0.55% |
| Tax Advantaged Fixed-Income | |
| Total AUM | Annual Fee |
| First $5MM | 0.35% |
| Next $5MM - $10MM | 0.30% |
| Next $10MM - $15MM | 0.25% |
| Next $15MM - $20MM | 0.20% |
| Over $20MM | 0.15% |
Curi RMB Capital Awards and Recognition
Curi RMB Capital is a large firm with offices around the country. Over the years, its predecessor (RMB Capital) was recognized through a number of awards, including:
- Named by Financial Times as a Top 300 Registered Investment Adviser (2017-2020)
- Ranked among Barron's Top 50 Independent Advisory Firms in 2019
- Ranked among Barron's Top 40 Independent Advisory Firms in 2018
- Ranked among Barron's Top 30 Independent Advisory Firms in 2017
- Ranked among Barron's Top 20 Independent Advisory Firms in 2016
What To Watch Out For
Curi RMB Capital has no disclosures listed on its Form ADV.
While the firm has several representatives of a broker-dealer on staff, these employees do not receive commissions for recommending investment products, unlike some advisors at fee-based firms.
Opening an Account With Curi RMB Capital
Curi RMB Capital has offices located around the country, but you don't need to live near one to become a client. If you'd like to open an account, go online to the firm's website and submit a contact form, or call (312) 993-5800. If you do happen to live near a branch, though, you can visit in person.
All information is accurate as of the writing of this article.
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