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Curi RMB Capital Review

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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.

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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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.

Least
Most
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