RCL Capital Management

RCL Capital Management provides personalized financial planning and discretionary investment management to individuals and a range of other account types including pension and profit‑sharing plans, trusts, estates, charitable organizations and small businesses; the firm manages about $38.4 million for roughly 84 clients and is operated by a single registered adviser. The firm describes itself as fee‑only and does not accept commissions or referral fees.

Portfolios are managed using a core‑and‑satellite approach that relies on passively managed index funds and ETFs for the core and selectively adds actively managed funds or individual securities in satellite positions, with global diversification and documented Investment Policy Statements; clients receive quarterly written reports and periodic reviews. Investment management is discretionary, and advisory fees are charged as a percentage of assets and are typically billed quarterly and often deducted directly from client custodial accounts.

Operationally, the firm maintains standing letters of authorization for 37 clients totaling approximately $7,023,788 (as of June 30, 2026), and those SLOAs combined with direct fee deductions have resulted in the firm being deemed to have custody for regulatory purposes. The brochure discloses a consent agreement with the Pennsylvania Department of Banking and Securities dated April 29, 2024, concerning a reporting deficiency that carried an $11,900 administrative assessment, and the firm generally leaves proxy voting to clients unless assistance is requested.