4a: Firm Description
Wealthjar was established in April 2017. We are independent, fee only, privately held company wholly owned by
The Rice Partnership, LLC
(www.thericepartnership.com), a SEC registered investment advisory firm. Our goal is to
help our clients be good stewards of their capital through suitable investments determined by our clients’
investment objectives. Our main office is located in Honolulu, Hawaii.
4a1: Principal Members
• Bonnie F. Rice, CTFA®, ChFC®, Director of Private Client Services : Ms. Rice can be reached via phone
(808) 585-7788 or emai
l bonnie@thericepartnership.com
• Orest V. Saikevych, Chief Investment Officer: Mr. Saikevych can be reached via phone (808) 585-7788
or ema
il orest@thericepartnership.com
4b: Types of Advisory Services
We provide portfolio management services through Institutional Intelligent PortfoliosTM, an automated, online
investment management platform for use by independent investment advisors and sponsored by Schwab Wealth
Investment Advisory, Inc. (the “Program” and “SWIA,” respectively). Through the Program, we offer clients a range
of investment strategies we have constructed and manage, each consisting of a portfolio of exchange traded funds
(“ETF’s”) and a cash allocation. The Program is described in the Schwab Wealth Investment Advisory, Inc.
Institutional Intelligent PortfoliosTM Disclosure Brochure (the “Program Disclosure Brochure”), which is attached as
Addendum A for your convenience.
We also provide financial planning and estate planning services to clients on an individual basis. Factors that we take
into consideration when making our recommendation(s) include, but are not limited to, the following: your financial
needs, investment goals, cash flow, and expenditures. We will review your plan annually to ensure it remains
aligned with your financial goals and objectives.
4c: Client Tailored Relationships and Restrictions
As a fiduciary, Wealthjar always acts solely in your best interests. Your portfolio is selected based on your
investment risk capacity, investment risk tolerance, and investment time horizon. Clients should note that we will
recommend a portfolio via the Program in response to the client’s answers to the online questionnaire. The client
may then indicate an interest in a portfolio that is one level less or more conservative or aggressive than the
recommended portfolio. Additionally, the client may instruct us to exclude up to three ETF’s from their portfolio.
Notwithstanding the above, Wealthjar has discretion to select a portfolio based on all the information collected to
determine the client’s investment objectives.
The Program also includes an automated investment engine through which we manage
the client’s portfolio on an
ongoing basis through automatic rebalancing and tax-loss harvesting (if the client is eligible and elects).
While clients are required to use Charles Schwab (“Schwab”) as custodian/broker to enroll in the Program, the client
decides whether to do so and opens its account with Schwab by entering into an account agreement directly with
Schwab. We do not open the account for the client. If the client does not wish to place his or her assets with
Schwab, then we cannot manage the client’s account through the Program.
Financial Planning
Wealthjar offers financial planning services separate from its investment advisory services. The financial plan may
include specific financial and investment strategies as well as specific/product recommendations, including equity,
fixed income, insurance products, as well as asset allocation recommendations. At no time, however, is the client
under any obligation to implement any of the suggestions outlined in the financial plan. Rather, implementation of a
client’s financial plan is solely at the client’s discretion.
ADV PART 2 A BROCHURE PAGE 5
Estate Planning
To the extent requested by the client, Wealthjar offers estate planning assistance as part of its investment advisory
services. Wealthjar does not hold itself out as providing estate planning services separately from its primary service of
investment management. Estate planning assistance generally includes an estate plan review in coordination with
third-party service providers, specifically estate planning attorneys and online estate planning services. Wealthjar
works with these service providers to develop a tailored estate plan which takes into consideration a client’s risk
profile and objectives and can include the following: creation of trust and transfer documents, drafting of power of
attorney documents, property agreements, wills, and other documents. For select clients, Wealthjar also offers credits
for reimbursement of estate planning legal work performed by the third-party service providers. Wealthjar will
provide credits based on a number of extenuating circumstances including advisory agreement provisions, specific
need, unique conditions, assets under management, client relationship, emotional state, and other qualitative and
quantitative factors. The credits associated with these types of services have expanded since the firm’s inception, and
as such, not all clients have access to the same level of credits. The client is under no obligation to engage the services
of any such recommended attorney or online platform. If the client engages any such recommended attorney or
platform, and a dispute arises thereafter relative to such engagement, the Client agrees to seek recourse exclusively
from and against the engaged attorney or online document prep platform. Wealthjar does not provide tax or legal
advice as part of its estate planning services.
4d: Wrap Fee Program
Wealthjar does not sponsor or provide portfolio management services to a wrap fee program.
4e: Assets under Management (AUM)
Wealthjar, as of December 31, 2023, has $4,403,040 in discretionary reportable Assets under Management.