MSDR Partners, LLC

MSDR Partners is a solo independent registered investment adviser serving a small client base (about 66 relationships and $25.5 million in discretionary AUM) that includes high‑net‑worth individuals, trusts, estates, charitable organizations, and pension/profit‑sharing plans. The firm provides discretionary portfolio management, financial planning, and a range of ERISA and qualified retirement plan services for both plan sponsors and individual participants.

The firm manages accounts on a client‑by‑client basis using client goals, risk tolerance and financial circumstances, and employs third‑party sub‑advisers and model portfolios accessed through the SEI Investments Management Corporation platform. Financial planning work includes multi‑meeting engagement with Monte Carlo projections, and investment management is charged primarily as a percentage‑of‑AUM with separate platform/sub‑adviser fees disclosed to clients.

MSDR’s service mix is notable for the extent of pension consulting and formal ERISA fiduciary work it offers—ranging from IPS development, DIA/QDIA review, and 3(21)/3(38) services to plan committee support—which is less common among similarly sized independent advisers. The brochure also documents rollover implementation options that reference commission‑based accounts as one choice (and discusses the attendant conflicts and alternatives), and the firm generally targets clients with at least $250,000 of investable assets, effectively focusing away from non‑HNW retail households.