Retirement Management Systems, Inc.
- Regulatory AUM
- $1.9B
- Discretionary
- $1.9B
- Clients
- 3,032
- Avg AUM / client
- $622K
- Accounts
- 4,472
- Employees
- 11
AUM over time
Annual snapshots from Form ADV filings · as of May 18, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2,479 | $968M | 51.3% |
| High net worth individuals | 553 | $918M | 48.7% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Aeg Merit Holding Company 401(k) Plan Elevation Services Holdings Ii, Llc | 2024 |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Joseph Michael Scarborough | Ceo, Cco, Director | Feb 2008 (19y) | 50% – 75% | |
| John Martin Blamphin | Director Of Operations | CFP | Aug 2009 (17y) | 10% – 25% |
| Gregory Sigismund Ostrowski | Shareholder | CFP | Aug 2011 (15y) | 5% – 10% |
| Keenum, John, M | Shareholder | Jan 2016 (11y) | 5% – 10% | |
| Debra Adair Rosenthal Ritter | Registered representative | CFP | Jan 2023 (4y) | |
| Matthew Turner Scarborough | Registered representative | Jan 2025 (2y) |
Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Aeg Merit Holding Company 401(k) Plan | Elevation Services Holdings Ii, Llc | 619 | $52.0M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/18/2026 | 1.02 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- National Financial Services (Fidelity) $791M (48% of AUM) Nov 2025
- Charles Schwab & Co. $418M (22% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 18, 2026.
View current Form ADV (SEC/IAPD) ↗