# Retirement Management Systems

> Retirement Management Systems is an SEC-registered investment advisory firm in Leonardtown, MD, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 18, 2026.

- CRD: 150351
- Filed as: RETIREMENT MANAGEMENT SYSTEMS
- Legal name: Retirement Management Systems, Inc.
- Also doing business as: DARR WEALTH ADVISORS, OAK WEALTH PARTNERS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Leonardtown, MD
- Filing period: October 2026
- Form ADV filing dated: May 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/150351
- AdvisorCensus page: https://advisorcensus.com/firm/retirement-management-systems-leonardtown-md-150351

## Quick answers

**How is Retirement Management Systems compensated?**
On its Form ADV (Item 5.E, October 2026), Retirement Management Systems reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Retirement Management Systems charge?**
Its Form ADV Part 2A brochure dated May 18, 2026 states: Hourly rate: $250 to $500 an hour (Consultation Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Retirement Management Systems located?**
Retirement Management Systems' principal office is in Leonardtown, MD, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Retirement Management Systems registered with the SEC or a state?**
Retirement Management Systems is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 150351.

**How much does Retirement Management Systems manage?**
Retirement Management Systems reports $1,886,716,918 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (100% discretionary).

**How have Retirement Management Systems' assets and staff changed since 2021?**
In the Form ADV data for Retirement Management Systems: Regulatory assets under management: $1,370,621,789 in the October 2021 data and $1,886,716,918 in the October 2026 data, up 38%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Retirement Management Systems serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,479); high net worth individuals (553).

**Which custodians does Retirement Management Systems use?**
Retirement Management Systems' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Retirement Management Systems report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/150351

**What changed in Retirement Management Systems' recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $1,663,422,905 to $1,886,716,918 (+13%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated May 18, 2026)

- Hourly rate: $250 to $500 an hour (Consultation Services)

> All fees are negotiable, but are typically based on an hourly rate ranging from $250 - $500 per hour or for a flat rate to be determined on a case-by-case basis.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,886,716,918
- Discretionary: $1,886,716,918
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,479 | $968,351,394 |
| High net worth individuals | 553 | $918,365,524 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2010 (16 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Angleton, TX
- Stevensville, MD

### Websites listed on Form ADV (Item 1.I)
- manage401k.com
- oakwealthpartners.com
- Facebook @manage401k
- Facebook @oakwealthpartners
- Instagram @oakwealthpartners
- LinkedIn @oakwealthpartners
- LinkedIn @retirement-management-systems-inc
- X @thenewfiduciary

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,370,621,789 | 8 | March 29, 2021 |
| October 2022 | $1,612,679,618 | 8 | September 1, 2022 |
| October 2023 | $1,380,427,573 | 9 | August 18, 2023 |
| October 2024 | $1,449,171,348 | 9 | March 5, 2024 |
| October 2025 | $1,663,422,905 | 11 | March 10, 2025 |
| October 2026 | $1,886,716,918 | 11 | May 18, 2026 |

Regulatory assets under management: $1,370,621,789 in the October 2021 data and $1,886,716,918 in the October 2026 data, up 38%.
Total employees: 8 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $1,663,422,905 to $1,886,716,918 (+13%).

### December 2025
- Added an office in Angleton, TX.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Retirement Management Systems (CRD 150351): Form ADV filing data as of October 2026.