Yes. Your account is custodied at Schwab. RiverwaterBLUE does not manage or have access to your login information. If you need assistance with your password or login, you can reset your password at Schwab. Click here to reset your password at Schwab.

Client accounts are held at Schwab, one of the industry’s leading custodians, with over 25 years serving Registered Investment Advisors and their clients, and offering the service, safety and security you depend on.

Schwab Institutional Intelligent Portfolios® accounts can be funded with cash or equity securities (individual stocks, ETFs, or mutual funds). Cash can be added through deposits, cash journals from another Schwab account, wires, or MoneyLink. To fund with equity securities, you can submit the request to Riverwater BLUE, who in turn can initiate internal transfers through Schwab Advisor Center®. Automated Customer Account Transfer (ACAT) and non-ACAT Transfers of Assets (TOA) from other financial institutions into Institutional Intelligent Portfolios accounts are also available using standard processes in place for those transactions. More information can be found at Schwab. 

RiverwaterBLUE requires a minimum of $5,000 to open an account.  

Clients pay a single asset-based fee of sixty (60) basis points (0.60%) per year.  The fee is prorated and automatically deducted from your account monthly in arrears, in accordance with acceptable custody rules. 

Yes. Cash can be withdrawn at any time by logging into your account and requesting a transfer. 

We believe that an optimal portfolio should include both actively-managed mutual funds and index funds. 

Index funds track a published stock or bond index, such as the S&P 500 Index or the Bloomberg Barclays Aggregate Bond Index. The primary advantage to an index fund is its low expense ratio and the primary disadvantage to an index fund is a lack of downside protection. 

Actively-managed funds utilize various strategies in an attempt to either perform better (net of fees) than the respective indexes, or to reduce risk relative to an index. These funds tend to have higher expense ratios than index funds because the managers are actively evaluating securities based on environmental, social or governance factors, and there is additional work required to conduct this extra level of research.

Our experienced team of advisors screens thousands of mutual funds to find ESG funds with consistent track records of superior returns. With thorough research based on quantitative analysis and in person interviews, we seek to uncover fund managers that can successfully deliver positive long-term results for our clients.

Account review is triggered when a client modifies their account or upon large contributions or withdrawals. In addition, we monitor portfolios on an ongoing basis and may make adjustments based on evolving market conditions and rebalancing opportunities.

Yes. You are able to view account information (balances, positions, statements, transactions, etc.) on your Schwab account portal.

There really isn’t one. There are multiple terms for responsible investing. In addition to ESG (Environmental, Social and Governance), it can be called triple bottom line, socially responsible, sustainable, impact and more. For more information about ESG or responsible investing, click here. 

Studies show that this is not necessarily true. For more about this, see here. 

You are able to view account information (balances, positions, statements, transactions, etc.) on the Schwab Alliance website. Click here to login. You can also transfer money between your Schwab Institutional Intelligent Portfolios® account and another Schwab account or transfer to an external account using MoneyLink.

Institutional Intelligent Portfolios® offers around-the-clock customer service from Schwab.  https://institutionalintelligent.schwab.com/public/intelligent-advisor/faq If you have a question about your account, contact a Schwab professional, who is available 24/7 via phone at 877-805-3399.

If you have a question about your investment allocation, our process or financial planning, fill out the contact form below and a Riverwater BLUE professional will get back to you within 24 hours.

Financial planning and personalized investment advice is available for a fee of between $150 to $300 per hour, depending on the nature and scope of advice requested by the client. Please use the contact form and a RiverwaterBLUE team member will get back to you within 24 hours.