As part of a clients’ team of trusted advisers, we also work closely with their attorneys, CPAs, payroll companies and insurance companies to help with even their most sophisticated financial needs. Our partnerships and alliances serve to combine the products, services and talents of other leaders in their respective industries with the comprehensive wealth advisory services of Ruggie Wealth Management.
Ruggie Wealth Management Partnerships Include:
RWM Asset Management is a Registered Investment Advisor (RIA) founded by Thomas H. Ruggie, CHFC, CFP, who is also Founder and President of Ruggie Wealth Management. RWM Asset Management manages Ruggie Wealth Management’s investment portfolios.
RWM Asset Management provides investment advisory and wealth management services, portfolio management, consulting, financial planning, and investment supervisory services.
Smart Assets Optimizer™ provides the technology to help improve the financial lives of many investors, particularly those who are just starting out, or those who are seeking a simplified investment-based solution to meet their financial needs, by focusing on simple asset allocation, goal-setting features, and low-cost portfolio management.
Designed to save investors time and money, Smart Assets Optimizer will quickly analyze investment goals, risk tolerance and time horizon to create an investment strategy optimized for that client’s situation, and then select from a wide array of mutual funds and ETF’s from the likes of Vanguard, T. Rowe Price, iShares and others to create an appropriate asset allocation plan.
While Smart Assets Optimizer is not a trading platform, the portfolios are proactively managed with a view on long-term trends and a goal of eliminating short-term emotional decisions.
Smart Assets Optimizer has zero trading fees, zero hidden fees and advisory fees less than those of a traditional financial advisor.
Edge 401(k) Solutions offers a unique service model. We design plans that meet management goals and help protect business owners from personal liability, move the dial for participants and help get them to a dignified retirement, improve investment options and provide a better approach to employee education and outcomes.
We help simplify and clarify the 401(k) process for “uninvolved” participants, expand options for “involved” participants, and help plan sponsors analyze fiduciary standards to help ensure liability protection, safety and security in an ever-changing environment.
Destiny – Our Multi-Family Office – provides comprehensive investment and life-planning solutions to affluent individuals, entrepreneurs, entertainers, athletes and their families, structuring and preserving their wealth for future generations in a profoundly personal and hands-on way which ensures the best-possible alignment of interest between our advisors and our clients.
Destiny Family Office is built on a broad range of expertise in the management of investments and portfolios, asset protection, budgeting, educational funding, and philanthropy.
Our professionals also align together diverse experts who can create a cohesive plan to provide or coordinate professional and lifestyle services such as legal, regulatory, communications, insurance, estate management, taxes, real estate, mergers and acquisitions, succession and board planning, technology, travel and leisure, and risk management.
Together, we work as one – focusing entirely on our clients’ needs, wants and goals to achieve their mission and goals.
With nearly 25 years of experience providing wealth management to entrepreneurial and innovative individuals, families and family firms, we understand the unique challenges they face — and how to address them.
620 N. Denning Dr.
Winter Park, FL 32789
Offices also in • Tavares • The Villages®
Ruggie Wealth Management has expanded its trust solutions for clients whose financial, family or business needs require the services of a corporate trustee, by becoming a Trust Representative Office of National Advisors Trust Company, FSB (NATC).
With $10 billion in assets under administration, NATC is one of the largest independent trust companies in the nation. It is nationally-chartered and regulated by the Office of the Comptroller of the Currency, (a bureau of the U.S. Treasury Department) It is also a member of the Federal Deposit Insurance Corporation.
By working with NATC, your Ruggie Wealth Advisor and your estate planning attorney are able to create a solid, effective estate plan that helps you minimize estate transfer and gift taxes while providing a flexible trustee solution. Together, we help improve the overall transfer of wealth between generations, and help you remain confident about the future of your estate.
Your estate planning professional can work with you to recommend and establish the appropriate trust. They will appoint Ruggie Wealth as your investment advisor and NATC as a corporate trustee, co-trustee or agent for trustee. Families can retain as much involvement and responsibility with the trust as desired.
Individuals sometimes appoint themselves, a family member, attorney, or family friend as trustee of their trusts. We know there’s no one-size-fits-all trustee solution that works for every situation. For many individuals, the administrative aspects of serving as trustee are time consuming and challenging. It may be difficult to ensure compliance with the trust document.
By appointing Ruggie Wealth to act as the agent, the trustee will still retain fiduciary responsibility, while the trust company provides asset custody, trust-style statements and trust officer support.
Ruggie Wealth works directly with the trustee to manage trust assets, help perform trust administration duties as outlined in the trust document, such as distributions, statement production, tax reporting and bill paying and achieve the stated financial objectives.
For more information, talk with your Ruggie Wealth Advisor.
Irrevocable life insurance trusts
Special needs trusts
Agent for trustees
Income collection from securities
Settlement of securities trades as directed
Payment of funds when directed
Timely statement delivery
Custody for alternative investments
Retirement Plan Services
IRAs: custodian or trustee
Defined benefit plans
401(k): daily valuation platform
Defined contribution plans
Roth 401(k) feature within a 401(k) plan
Lion Street is a national financial services distribution company owned by an elite force of independent financial advisors who also specialize in providing life insurance, business insurance, and other financial-planning solutions to their high-net-worth individuals, family offices, business owners, and corporate clients.
RWM Asset Management President Thomas H. Ruggie, ChFC®, CFP®, serves as an Advisor-Owner for Lion Street. RWM Asset Management is (a separate RIA from Ruggie Wealth Management established to manage its investment portfolios.
The Lion Street partnership reflects a commitment to help our clients plan, invest and protect their savings so they can retire better. It is a strong complement to the wealth solutions we are able to offer.
Lion Street specializes in areas including bank-owned life insurance (BOLI), corporate-owned life insurance (COLI), deferred compensation planning, and employee stock-ownership plans (ESOP).
Michael brings more than 37 years of industry experience to the table. When you work with Michael G. Penney Insurance you tap into the strength of Lion Street, Inc. Lion Street is a privately-held financial services distribution company based in Austin, Texas. Lion Street provides independent life insurance advisors like Michael, access to the financial products, intellectual capital and specialized resources needed to help meet the sophisticated financial planning needs of both high-net-worth and corporate clients. The affiliation allows Michael to work for his clients. It also gives his firm preferred access to some of the biggest carriers in the business. More often than not that can lead to better results for his clients.
Michael works on behalf of businesses and families to help them meet their financial goals and objectives. He strives to help them maximize value and minimize risk for their assets. He believes his responsibility is to provide access to sophisticated resources and with those resources in place he can help his clients make the sometimes complex corporate and personal financial decisions that can be involved when trying to reach financial success. His Firm’s mission statement and commitment is “to maintain a high level of knowledge and integrity to serve our clients most effectively.”
Securities offered through Lion Street Financial, LLC (LSF), Member FINRA & SIPC. LSF is not affiliated with Michael G. Penney Insurance Inc.
Advertising, PR and interactive/digital firm specializing in the financial, healthcare, legal and other professional fields. PRfect Creative serves as Ruggie Wealth Management’s marketing company.
Asset Advisors of America (AAA) provides retirement plan consulting to plan sponsors. AAA specializes in 401(k) plans and 401(k) consulting to mid to large market plans.
Since developing a sound procedural due diligence process is the key to a successful and compliant retirement plan, AAA assumes a co-fiduciary role that will help ensure clients meet their responsibilities as fiduciaries under ERISA. Investment Advisory Services Offered Through Asset Advisors of America, LLC
Insurance Office of America is one of the fastest-growing independent insurance agencies in the U.S., and is Florida’s largest privately-held insurance agency. It is currently ranked as the 10th largest privately-held agency by Insurance Journal, and the 31st largest U.S. broker by Business Insurance magazine.