A. Description of the Advisory Firm
RCS Financial Planning, LLC (hereinafter “RCS”) is a Limited Liability Company organized in the State
of Maryland. The firm was formed in November 2017, and the principal owner is Thaddeus N Toal Jr.
B. Types of Advisory Services
Portfolio Management Services
RCS offers ongoing portfolio management services based on the individual goals, objectives, time horizon,
and risk tolerance of each client. RCS creates an Investment Policy Statement for each client, which outlines
the client’s current situation and risk tolerance levels and then constructs a plan to aid in the selection of a
portfolio that matches each client's specific situation. Portfolio management services include, but are not
limited to, the following:
● Investment strategy ● Personal investment policy
● Asset allocation ● Asset selection
● Risk tolerance ● Regular portfolio monitoring
RCS evaluates the current investments of each client with respect to their risk tolerance levels and time
horizon. RCS will request discretionary authority from clients in order to select securities and execute
transactions without permission from the client prior to each transaction. Risk tolerance levels are
documented in the Investment Policy Statement, which is given to each client.
RCS seeks to provide that investment decisions are made in accordance with the fiduciary duties owed to
its accounts and without consideration of RCS’s economic, investment or other financial interests. To meet
its fiduciary obligations, RCS attempts to avoid, among other things, investment or trading practices that
systematically advantage or disadvantage certain client portfolios, and accordingly, RCS’s policy is to seek
fair and equitable allocation of investment opportunities/transactions among its clients to avoid favoring
one client over another over time. It is RCS’s policy to allocate investment opportunities and transactions
it identifies as being appropriate and prudent among its clients on a fair and equitable basis over time.
Ongoing Financial Planning
This service involves working one-on-one with a planner over an extended period of time. By paying a fixed
monthly fee, Clients get to work with a planner who will work with them to develop and implement their
plan. The planner will monitor the plan, recommend any changes and ensure the plan is up to date.
Upon desiring a comprehensive plan, a Client will be taken through establishing their goals and values around
money. They will be required to provide information to help complete the following areas of analysis: net
worth, cash flow, insurance, employee benefits, retirement planning, insurance, investments, college
planning, and estate planning. Once the Client's information is reviewed, their plan will be built and analyzed,
and then the findings, analysis, and potential changes to their current situation will be reviewed with the
Client. Clients subscribing to this service will receive a written or an electronic report, providing the Client
with a detailed financial plan designed to achieve his or her stated financial goals and objectives. If a follow-
up meeting is required, we will meet at the Client's convenience. The plan and the Client's financial situation
and goals will be monitored throughout the year and follow-up phone calls and emails will be made to the
Client to confirm that any agreed upon action steps have been carried out. On an annual basis, there will be
a full review of this plan to ensure its accuracy and
ongoing appropriateness. Any needed updates will be
implemented at that time.
Pension Consulting Services
RCS offers consulting services to pension or other employee benefit plans (including but not limited to
401(k) plans). Pension consulting may include, but is not limited to:
● identifying investment objectives and restrictions
● providing guidance on various assets classes and investment options
● recommending money managers to manage plan assets in ways designed to achieve objectives
● monitoring performance of money managers and investment options and making recommendations
for changes
● recommending other service providers, such as custodians, administrators, and broker-dealers
● creating a written pension consulting plan
These services are based on the goals, objectives, demographics, time horizon, and/or risk tolerance of the
plan and its participants.
Financial Planning
Financial plans and financial planning may include but are not limited to investment planning; life
insurance; tax concerns; retirement planning; college planning; and debit/credit planning.
Selection of Other Advisers (Sub-Advisers)
RCS may direct clients to third-party investment advisers. Before selecting other advisers for clients, RCS
will verify that all recommended advisers are properly licensed, notice filed, or exempt in the states where
RCS is recommending the adviser to clients. Our review process and analysis of outside managers is further
discussed in Item 8 of this Form ADV Part 2A. Additionally, we will meet with the Client on a periodic
basis to discuss changes in their personal or financial situation, suitability, and any new or revised
restrictions to be applied to the account. Fees pertaining to this service are outlined in Item 5 of this
brochure.
Services Limited to Specific Types of Investments
RCS generally limits its investment advice to mutual funds, fixed income securities, real estate funds
(including REITs), insurance products including annuities, equities, ETFs, treasury inflation
protected/inflation linked bonds and non-U.S. securities, although RCS primarily recommends evidence
based mutual funds. RCS may use other securities as well to help diversify a portfolio when applicable
C. Client Tailored Services and Client Imposed Restrictions
RCS will tailor a program for each individual client. This will include an interview session to get to know
the client’s specific needs and requirements as well as a plan that will be executed by RCS on behalf of the
client. RCS may use model allocations together with a specific set of recommendations for each client based
on their personal restrictions, needs, and targets. Clients may impose restrictions in investing in certain
securities or types of securities in accordance with their values or beliefs.
D. Wrap Fee Programs
The wrap fee program is an investment program wherein the investor pays one stated fee that includes
management fees, transaction costs, fund expenses, and any other administrative fees. RCS does not
participate in any wrap fee programs.
E. Assets Under Management
RCS Financial Planning, LLC is registered as an Investment Adviser with the SEC, domiciled in the State
of Maryland. We were founded in November 2017. Thaddeus N Toal Jr is the principal owner. RCS
currently reports $198,776,808 in discretionary Assets Under Management and no non-discretionary Assets
Under Management. Assets Under Management were calculated as of December 31, 2023.