DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Rcs Financial Planning, LLC

Independent wealth managerAnnapolis, MarylandCRD 291678SEC 801-112282websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Dec 11, 2017 · 25 filings
SEC status approved since Feb 7, 2018
RAUM
$281M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$271M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$140M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$281M as of Mar 19, 2026
Feb 19, 2019$101M then
HNW client RAUM$235M as of Mar 19, 2026
Feb 19, 2019$44.1M then
State-registered IARs (5.B.3)2 as of Mar 19, 2026
Feb 19, 20192 then
Employees (5.A)2 as of Mar 19, 2026
Feb 19, 20192 then
Private funds: no history
RAUM +16% over the last fiscal year+20% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$140MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
109derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$421,223derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$60.0M, 110 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$235M83%
  • Individuals$36.6M13%
  • Pension and profit-sharing plans$9.8M3.5%
Individual clients
111reported
HNW clients
107reported
Pension plan clients
2reported
Charitable clients
0reported
Accounts
667reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$60.0M for 110 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Thaddeus Norman ToalCertified Financial PlannerAnnapolis, MdAug 3, 202026 y3
Amanda N Hopkins ClouserChartered Financial AnalystAnnapolis, MdAug 1, 202417 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • N Amanda Hopkins Clouser · Partnercontrol
    since 01/2020 · owns 5% to 10%
  • Norman Thaddeus Toal · Managing Member & Chief Compliance Officercontrol
    since 11/2017 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Annapolis, Md · principal201
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 675 to 667
    Mar 14, 2025 to Mar 19, 2026
  • Advisory employees · 3 to 2
    Mar 14, 2025 to Mar 19, 2026
  • HNW clients · 71 to 107
    Mar 14, 2025 to Mar 19, 2026
  • Individual clients · 150 to 111
    Mar 14, 2025 to Mar 19, 2026
  • Pension plan clients · 1 to 2
    Mar 14, 2025 to Mar 19, 2026
  • Assets in custody · $41.2M to $60.0M
    Mar 14, 2025 to Mar 19, 2026
  • Employees · 3 to 2
    Mar 14, 2025 to Mar 19, 2026
  • State-registered IARs · 3 to 2
    Mar 14, 2025 to Mar 19, 2026
  • Discretionary RAUM · $241M to $281M
    Mar 14, 2025 to Mar 19, 2026
  • HNW RAUM · $172M to $235M
    Mar 14, 2025 to Mar 19, 2026
  • Individual RAUM · $58.8M to $36.6M
    Mar 14, 2025 to Mar 19, 2026
  • Pension RAUM · $10.3M to $9.8M
    Mar 14, 2025 to Mar 19, 2026
  • RAUM · $241M to $281M
    Mar 14, 2025 to Mar 19, 2026
  • Accounts · 666 to 675
    Aug 1, 2024 to Mar 14, 2025
  • Individual clients · 144 to 150
    Aug 1, 2024 to Mar 14, 2025
  • Pension plan clients · unset to 1.0
    Aug 1, 2024 to Mar 14, 2025
  • Assets in custody · unset to 41233676.0
    Aug 1, 2024 to Mar 14, 2025
  • Custody of client assets · false to true
    Aug 1, 2024 to Mar 14, 2025
  • Financial planning clients · 101-250 to 101-250
    Aug 1, 2024 to Mar 14, 2025
  • Discretionary RAUM · $199M to $241M
    Aug 1, 2024 to Mar 14, 2025
  • HNW RAUM · $153M to $172M
    Aug 1, 2024 to Mar 14, 2025
  • Individual RAUM · $45.7M to $58.8M
    Aug 1, 2024 to Mar 14, 2025
  • Pension RAUM · unset to 10280484.0
    Aug 1, 2024 to Mar 14, 2025
  • RAUM · $199M to $241M
    Aug 1, 2024 to Mar 14, 2025
  • Accounts · 589 to 666
    Mar 14, 2023 to Mar 15, 2024
  • Advisory employees · 4 to 3
    Mar 14, 2023 to Mar 15, 2024
  • HNW clients · 46 to 71
    Mar 14, 2023 to Mar 15, 2024
  • Individual clients · 184 to 144
    Mar 14, 2023 to Mar 15, 2024
  • Pension plan clients · 19.0 to unset
    Mar 14, 2023 to Mar 15, 2024
  • Employees · 4 to 3
    Mar 14, 2023 to Mar 15, 2024
  • State-registered IARs · 4 to 3
    Mar 14, 2023 to Mar 15, 2024
  • Discretionary RAUM · $162M to $199M
    Mar 14, 2023 to Mar 15, 2024
  • HNW RAUM · $98.4M to $153M
    Mar 14, 2023 to Mar 15, 2024
  • Individual RAUM · $49.8M to $45.7M
    Mar 14, 2023 to Mar 15, 2024
  • Pension RAUM · 13568751.0 to unset
    Mar 14, 2023 to Mar 15, 2024
  • RAUM · $162M to $199M
    Mar 14, 2023 to Mar 15, 2024
  • Accounts · 509 to 589
    May 23, 2022 to Mar 14, 2023
  • Advisory employees · 3 to 4
    May 23, 2022 to Mar 14, 2023
  • HNW clients · 57 to 46
    May 23, 2022 to Mar 14, 2023
  • Individual clients · 121 to 184
    May 23, 2022 to Mar 14, 2023
Signals
4 dated events
  • Kent Rs Groff left Rcs Financial Planning, Llc for Groff Wealth Management (registered 2026-01-22)
    Jan 22, 2026 · Advisor changed firm · fact
  • Bridget Kathryn Borel left Rcs Financial Planning, Llc for Clairwell Financial Planning Llc (registered 2023-11-14)
    Nov 15, 2023 · Advisor changed firm · fact
  • N Amanda Hopkins Clouser (Partner) appeared on Schedule A of Rcs Financial Planning, Llc
    Feb 7, 2020 · Control person joined · fact
  • Rcs Financial Planning, Llc filed its initial SEC registration (Form ADV)
    Dec 11, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
410-224-0097reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
LINKEDIN.COM/COMPANY/RCS-FINANCIAL-PLANNINGreportedpublic record, Form ADV, Sep 17, 2026
Website
RCSPLANNING.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
410-224-0097reportedpublic record, Form ADV, Mar 19, 2026
Contact form
rcsplanning.com/contactreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$140Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026