# Matthew Scarborough

> Matthew Scarborough is a fee-only financial advisor at Retirement Management Systems in Leonardtown, Maryland. Retirement Management Systems reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/matthew-scarborough/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Retirement Management Systems
- **Based in:** Leonardtown, Maryland
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $1.89B across 4,472 accounts
- **CRD:** 7191345 (https://adviserinfo.sec.gov/individual/summary/7191345)
- **SEC registration:** Investment adviser representative in MD
- **Exams passed:** Series 65 (2019)
- **Firm size:** 11 employees
- **Disclosures:** None reported
- **Website:** http://www.manage401k.com

## Frequently asked questions

### Is Matthew Scarborough a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Matthew holds no broker registration, and Retirement Management Systems reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Matthew charge for financial advice?

Matthew's firm, Retirement Management Systems, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Matthew Scarborough based?

Matthew Scarborough is based in Leonardtown, Maryland.

### Is Matthew Scarborough registered with the SEC?

Yes. Matthew Scarborough is registered as an investment adviser representative in MD (CRD 7191345), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Retirement Management Systems manage?

Retirement Management Systems reports $1.89B across 4,472 accounts in assets under management.

### How do I contact Matthew Scarborough?

Through Matthew's website, www.manage401k.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/7191345): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.