Business Details
Your Financial Partner for Long-Term Success
Leonard Rickey Investment Advisors has built its reputation on a client-first philosophy, emphasizing transparency, ethical practices, and personalized financial guidance. With over 50 years of combined experience and $700 million in assets under management, our team prioritizes understanding each client's unique goals, values, and concerns to create tailored financial strategies. We operate as a fiduciary, ensuring all recommendations align with client interests rather than institutional incentives. Our advisors hold advanced certifications including CFP, CPA, and CIMA, reflecting our commitment to expertise and professional rigor. Rooted in Eastern Washington, we combine the accessibility of a local firm with the sophisticated resources of a national practice. By offering both hourly financial planning and ongoing wealth management, we empower clients to choose services that match their needs without unnecessary costs.Our transparent fee structure and collaborative approach have earned trust across generations, with over 30% of clients representing multi-generational families. We maintain rigorous compliance standards through certifications like ISO 9001, ensuring consistent quality in service delivery. Our community involvement with organizations like Junior Achievement and Yakima Symphony demonstrates our dedication to local impact beyond financial services. This combination of technical excellence, ethical responsibility, and community focus defines our approach to helping clients achieve long-term financial security.
Services
Comprehensive Planning
Retirement Planning
Education Planning
Investment Management
Wealth Management
Highlights and features
- We operate as fiduciaries, legally obligated to act in clients' best interests
- Transparent fee structure with no hidden costs or commission-based products
- Team holds advanced certifications including Certified Financial Planner and Chartered Financial Analyst designations
- Over 50 years combined experience managing $700M+ in assets
- Local presence with resources comparable to national firms
Associations and certifications
- CFP
- CPA
- CIMA
- CPWA
- AWMA
- Masters of Personal Financial Planning
Services
Comprehensive Financial Planning
Our comprehensive financial planning service creates customized roadmaps for long-term financial security. We analyze current financial status, future goals, and risk tolerance to develop actionable strategies. This includes cash flow management, tax optimization, and estate planning considerations. Our certified advisors use sophisticated software to model different scenarios and help clients make informed decisions about their financial future.
Retirement Planning
Specialized retirement planning focuses on optimizing savings, income streams, and tax-efficient withdrawal strategies. We help determine appropriate savings targets, analyze pension options, and develop sustainable spending plans. Our Monte Carlo simulations stress-test portfolios against market volatility to ensure retirement plans remain viable through various economic conditions.
Education Planning
Education planning services help families prepare for higher education costs through strategic savings and financial aid optimization. We analyze 529 plan options, develop savings timelines, and create strategies to maximize financial aid eligibility while minimizing debt. Our approach considers both current income and long-term financial goals.
Investment Management
Active investment management services focus on diversified, tax-efficient portfolios aligned with client risk tolerance. We employ strategic asset allocation with tactical adjustments based on market opportunities. Our process includes quarterly rebalancing, tax-loss harvesting, and ongoing performance monitoring to maintain alignment with financial objectives.
Wealth Management
Wealth management integrates financial planning with investment oversight for comprehensive wealth preservation. This includes intergenerational transfer strategies, estate tax planning, and customized portfolio construction. Our team coordinates with legal and tax professionals to create cohesive plans that address complex financial situations for high-net-worth clients.
People
Leonard Rickey
Founder
With over 30 years in financial services, Leonard established the firm's fiduciary-first approach. He specializes in retirement income strategies and mentors advisors on ethical wealth management practices.
Sarah Johnson
Senior Advisor
Certified Financial Planner with 15 years' experience, Sarah focuses on women's financial independence and multi-generational wealth transfer strategies for farming families in Eastern Washington.
Michael Chen
Investment Strategist
CFA charterholder managing portfolio construction and risk management. Michael develops tactical asset allocation models and conducts market opportunity analysis for client portfolios.
Emily Rodriguez
Client Services Director
Overseeing client experience for 10 years, Emily ensures seamless service delivery. She coordinates advisor teams and implements process improvements to enhance client communication and satisfaction.
David Kim
Paraplanner
Supporting financial advisors with data analysis and plan development, David is pursuing Certified Financial Planner designation while contributing to the firm's educational outreach programs.
Questions
What financial planning services do you offer?
We provide comprehensive financial planning including retirement strategies, education funding, and wealth management tailored to individual client needs.
Are you legally required to act in my best interest?
Yes, as fiduciaries we're legally obligated to prioritize client interests over institutional incentives in all recommendations.
How are investment management fees calculated?
Fees range from 1.00% annually for assets under $250k to 0.30% for $5M–$9M portfolios, charged quarterly based on market value.
Do you offer hourly financial planning options?
Yes, hourly rates range from $50–$300 depending on advisor seniority, with fixed fees available for specific planning projects.
What makes your firm different from banks?
We combine fiduciary responsibility with personalized service, avoiding proprietary products to maintain objective, client-focused advice.
