Richard Racine
Richard Racine is a ChFC-designated registered investment advisor at Asset Strategy Advisors, LLC, based in Wayland, MA, with 36 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 504 clients with $650M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.50% |
| $2.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 1.00% |
Fees, account minimums, and payment terms are negotiable. The annualized fee can also be charged as a flat fee negotiated with the client.
Fee Estimator
Location
14 West Plain St., Suite 201, Wayland, MA, 01778-4470
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Richard owns and services life, disability, and long-term care insurance, dedicating a significant amount of time to this. He is also a manager at The Racine Group, LLC, focusing on group health and welfare plans, individual insurance benefits, and estate planning, and is President and Owner of Racine & Associates Insurance Agency, Inc.
Employment History
Current Registrations
Asset Strategy Advisors, LLC
Previous Registrations
Concorde Investment Services, LLCBroker
Triad Advisors, INC.Broker
Triad Advisors, INC.
H. Beck, INC.Broker
Cr Broker Services, LLCBroker
Ogilvie Security Advisors CorporationBroker
MML Investors Services, INC.Broker
Massachusetts Mutual Life Insurance CompanyBroker
Nathan, Lewis & Grant, INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
More Advisors
- Kaelan Fitzpatrick, CFPAsset Strategy Advisors, LLC
- David O'brien, CFPAsset Strategy Advisors, LLC
- Jian Fu, CFP
- Joshua Hyman, CFPLPL Financial LLC
- Ira Sager, CFPAdvisors Capital Management, LLC
- Christine Theroux, CFPOsaic Wealth, INC.