Richard Jones
Richard Jones is a registered investment advisor at Drive Wealth Advisers, based in Lehi, UT, with 43 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 1,384 clients with $2.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Drive Wealth Advisers charges an annual advisory fee of up to 2.00% of your portfolio. This fee is separate from any investment manager fees, which are paid either to Drive Wealth Advisers (if they manage the investments internally) or to an external investment manager. The advisory fee is negotiable and is based on the value of your portfolio and the complexity of your financial situation. Fees are typically deducted from your account by the custodian. If the combined fee charged by Drive Wealth Advisers and the Investment Manager exceeds 3.00% of assets under management, the fee is deemed to exceed industry norms.
Location
3333 N Digital Drive, #700, Lehi, UT, 84043
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2006Other Business ActivitiesSells Insurance
Richard is an independent insurance agent, providing insurance recommendations for clients since 1987, dedicating a few hours per week to investment-related activities. He is also a shareholder in Chimedes Insights & Analytics and an indirect stockholder in Archimedes Enterprise Solutions, both LLCs, with minimal time commitment.
Employment History
Current Registrations
Drive Wealth Advisers
Previous Registrations
Osaic Wealth, INC.Broker
Sagepoint Financial, INC.Broker
Keeler Thomas Management LLC
Sunamerica Securities, INC.Broker
Richards InvestmentsBroker
Mountain Financial, INC.Broker
Coordinated Equities, 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.