Located in Kirkland, Washington, Robinswood Financial designs and monitors diversified investment portfolios with an emphasis on retirement planning strategies. This practice also appears 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, a fee-based firm earns client-paid fees and third-party sales commissions.
Robinswood Financial Background
Robinson Financial formed in 2007. Board certified in estate planning (BCE) and a certified fund specialist (CFS), Edward L. Ward is the principal owner. He leads a team that includes one certified financial planner (CFP), 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. They’ve held positions at major firms such as Merrill Lynch, Allstate Financial and Bank of America.
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|
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|
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 qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one 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.