Summary: About Retirement Advisors, Inc.
Retirement Advisors, Inc. provides financial planning and investment advisory services to individual
clients, as well as trusts, estates, and charitable organizations. We are in our 25th year of operation.
We are a fee-only firm. We sign a Fiduciary Oath to act in our clients' best interests at all times. We
currently manage $144.3 million of assets under advisement.
With the consent of our clients we consult with our clients' other professional advisors as planning
recommendations are formulated and/or implemented.
Our investment philosophy is to tilt client portfolios toward small capitalization and value stocks, using
broad diversification, for a conservative investment approach. This permits a lowering of the client's
overall allocation to equities, should the client so choose, and increases the allocation of a client's
portfolio toward short-term and mid-term fixed income investments of generally high quality. Research
has shown that this usually results in a "smoother ride" for our clients with similar long-term (15 years
or longer) portfolio returns.
Retirement Advisors, Inc. generally recommends institutional-class stock mutual funds with low annual
expense ratios and extremely low internal transaction costs. At times, we may recommend other low-
cost investment solutions, such as low cost bond funds, individual fixed income securities, and other
products. For more on our investment philosophies, and the risks of our strategies and/or specific
investments recommended, please refer to Item 8.
We actively seek to avoid, or at least minimize, conflicts of interest which may exist between our firm
and our clients. We sell no products. We accept no commissions. We do not recommend any fund
which possesses a 12b-1 fee. However, all investment advisory firms will likely possess some
unavoidable conflicts of interest. In those instances when conflicts of interest arise, Retirement
Advisors, Inc. has adopted policies which seek to keep our clients' best interests paramount at all
times. See Items 5, 11 and 12 of this Brochure, and other items, which explore in further detail how we
act to keep our clients' best interests first at all times during the course of relationship with our clients.
More information regarding our firm is found in the pages that follow.
Our Firm's History
Retirement Advisors, Inc. was formed in 1996 by Stephen M. Haidt, a financial planner who desired his
clients to receive truly objective investment advice. Mr. Haidt has devoted the vast majority of his
business efforts towards the goal of construction of a financial planning and investment advisory firm,
dedicated to the fiduciary principle that the client's best interest should remain paramount at all times.
Our Principal Owner
The owner of Retirement Advisors, Inc. is Stephen Michael Haidt. There are no other owners.
IRA Rollover Recommendations
Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field
Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's
Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the
following acknowledgment to you. When we provide investment advice to you regarding your
retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I
of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable,
which are laws
governing retirement accounts. The way we make money creates some conflicts with
your interests, so we operate under a special rule that requires us to act in your best interest and not
put our interest ahead of yours. Under this special rule's provisions, we must:
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•Meet a professional standard of care when making investment recommendations (give prudent
advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal
advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best
interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest.
We benefit financially from the rollover of your assets from an ERISA account to an account that we
manage or provide investment advice, because the assets increase our assets under management
and our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best
interest.
Amount of Assets under Management
As of December 31, 2023, Retirement Advisors, Inc. provided advice on approximately $144,380,918
of financial assets for approximately 176 family groups. These include all investment assets of clients
who engage Retirement Advisors, Inc. for ongoing advice on their investment portfolios, whether
continuous or periodic in nature. Of these assets under management, $143,240,127 is managed on a
discretionary basis and $1,140,791 is managed on a non-discretionary basis.
Non-Participation in Wrap Fee Programs
Retirement Advisors, Inc. does not sponsor any wrap fee program. A wrap fee program is defined as
any advisory program under which a specified fee or fees are charged for investment advisory services
(which may include portfolio management or advice concerning the selection of other investment
advisers) and the execution of client transactions.
Advisory Programs (Types of Services) Offered
Retirement Advisors, Inc. offers a Wealth Management program to clients of the firm. This program
includes complimentary financial planning services. Retirement Advisors, Inc. does not evaluate
publicly traded investments, but primarily recommends to its clients institutional-style no-load mutual
funds and, for some clients, municipal bonds and other fixed income securities. Retirement Advisors,
Inc. also considers investments held by clients in 401(k), 403(b) or other qualified retirement plan
accounts, and may evaluate the offerings of such retirement plans when constructing an overall
investment portfolio for the client.
In general, advisory services are tailored to meet the needs of individual clients. While model portfolios
may be utilized for some clients, for most clients each investment portfolio is individually designed.
Additionally, financial planning, estate planning, tax planning, retirement planning, and risk
management planning services are generally delivered or offered upon client engagement for such
services, with planning issues prioritized and then addressed, either all at one time or over the course
of several conferences. Clients in the Retirement Advisors, Inc. Wealth Management have a
conference with the advisor at least annually (and sometimes more often) to review any changes to the
client's financial situation, the investment portfolio upon which advice is provided by Retirement
Advisors, Inc., and planning issues.
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