AdvisorRanked
84
Some Concerns

RDA FINANCIAL NETWORK

321 REED STREET, AKRON, IA 51001
Fiduciaryfee-onlySEC Registered
888-300-4975 HTTPS://TWITTER.COM/RDAFINANCE CRD #147309
$675M
Assets Managed
17
Clients
17
Employees
18
Years Active
since 2008

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46112. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: Yes

This firm can sell insurance products (annuities, life insurance). This creates an incentive to recommend these products even when alternatives may be more appropriate.

Custody of Client Assets: Yes

This firm has direct custody of client assets, rather than using an independent custodian. This is a higher-risk arrangement that requires additional regulatory safeguards.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46112

1 customer complaint(s)/arbitration(s) disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 1

Complaint ratio: 5.88 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameRDA FINANCIAL NETWORK
CRD Number#147309
SEC RegisteredYes
Registration Date2008-10-16
States RegisteredIA
Assets Under Management$675M
Number of Clients17
Employees17
Compensation Typefee-only
Last ADV Filing46112

Frequently Asked Questions

Is RDA FINANCIAL NETWORK a fiduciary?

Yes. RDA FINANCIAL NETWORK is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does RDA FINANCIAL NETWORK charge clients?

RDA FINANCIAL NETWORK uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does RDA FINANCIAL NETWORK have any complaints?

Yes. RDA FINANCIAL NETWORK has 1 complaint(s) on record. Their complaint ratio is 5.88 per 100 clients (industry average: ~0.15).

How does RDA FINANCIAL NETWORK compare to other advisors in AKRON?

RDA FINANCIAL NETWORK has a Red Flag Score of 84/100. There are many registered advisory firms in AKRON. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46112. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.