Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Tap on the profile icon to edit
your financial details.

Robinswood Financial Review

Your Details Done
by Updated

This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Located in Kirkland, Washington, Robinswood Financial is a fee-only advisory firm that designs and monitors diversified investment portfolios. This practice is also the No. 1 firm on SmartAsset's list of the top financial advisors in Kirkland.

As a fee-only firm, all compensation at Robinswood comes from client-paid fees. On the other hand, fee-based advisors earn client-paid fees plus third-party sales commissions.

Robinswood Financial Background

Robinson Financial was formed in 2007. Edward L. Ward, the firm's principal owner is board-certified in estate planning (BCE) and also holds the certified fund specialist (CFS) credential.  

Ward leads a team that includes two certified financial planners (CFPs), one chartered life underwriter (CLU), one chartered financial consultant (ChFC), one chartered retirement planning counselor (CRPC) and one certified divorce financial analyst (CDFA). 

The team at Robinson Financial collectively has around 100 years of experience in the financial services industry.

Robinswood Financial Client Types and Minimum Account Sizes

Robinson Financial primarily works with individuals who have long-term investment goals and possess an understanding of the financial markets and different asset classes. The firm also notes that most of its clients are willing to leave the day-to-day investment decisions to the professionals.

The firm's minimum requirement for an account is $250,000, but it may waive this amount for people who are referred to the firm by clients. 

Services Offered by Robinswood Financial

Robinswood Financial provides fee-only investment management services. It begins by collecting information about the client’s finances, long-term investment goals and risk tolerance. It then devises an asset allocation that aligns with the client profile. The firm’s investment professionals then establish and monitor an investment portfolio and make adjustments if deemed necessary. 

These accounts are generally opened on a brokerage platform offered by Charles Schwab

At least quarterly, the firm contacts its clients requesting them to notify their advisor about any changes to their financial situation. 

Robinswood Financial Investment Philosophy

Robinswood Financial’s Globally Diversified Investment Strategy is designed for investors who seek long-term growth while minimizing risk and taxes. The firm steers away from active management, mainly investing client assets across index funds, no-load mutual funds and exchange-traded funds (ETFs). 

The firm's investment strategy can be tailored to the needs and risk profiles of individual clients, from ultra conservative to very aggressive. Robinswood Financial seeks out domestic and international equity funds that include different combinations of major asset classes. 

Fees Under Robinswood Financial

Robinswood Financial charges annual portfolio management fees based on the size of the client’s account. For individual clients with account sizes smaller than $2 million, the fee is typically 0.75%. For accounts that have $2 million in AUM, the blended annual fee is 0.375%

For accredited investors and institutional accounts with account balances of more than $2 million, management fees are typically based on the following fee schedule:

Robinswood Financial Accredited Investor/Institutional Fee Schedule
AUM Annual Fee Rate
First $1MM  0.75%
Next $4MM 0.20%
Above $5MM 0.10%

This chart shows how much you'll pay in advisory fees at Robinswood based on how much money you have invested. These numbers are for individual clients or households: 

*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.
Estimated Investment Management Fees at Robinswood Financial*
Your Assets Robinswood Financial Fee Amounts
$500K $3,750
$1MM $7,500
$5MM $11,500
$10MM $16,500

What to Watch Out For

Robinswood Financial reported no disclosures of legal or disciplinary action on its latest Form ADV.

Opening an Account with Robinswood Financial

To speak to someone about opening an account, fill out this form or call the office toll free at (800) 671-1153.

Tips for Finding the Right Financial Advisor

  • Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • Talk to at least three prospective advisors to get a sense of fees and investment options. For information about Washington state in particular, check out our list of the top financial advisors in Washington.

All information was accurate as of the writing of this article.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research