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CFP
RP
CFP

Richard Paul

Richard W. Paul & Associates, LLC
43 Years of Experience
Novi, MI
3 DisclosuresSells Insurance
View SEC Summary
View SEC Summary

Richard Paul is a CFP-designated registered investment advisor at Richard W. Paul & Associates, LLC, based in Novi, MI, 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 Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 674 clients with $370M in assets under management.

Richard W. Paul & Associates, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6 advisors
Number of Clients
674 clients
Average Client Portfolio
$553K average
Assets Under Management
$372.8M

Fee Structure

Minimum Investment:$500K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.50%
$1.0M - $3.0M1.35%
$3.0M - $5.0M1.15%
$5M+1.15%

Schedule represents the Active Strategy. Passive strategy rates are 1.0% for $0-$1M, 0.80% for $1M-$3M, and 0.60% for $3M-$5M. Fees for accounts over $5M are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

39555 Orchard Hill Place, Suite 100, Novi, MI, 48375

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2008
Closed-No Action
Regulatory
October 1994
Final
Customer Dispute
July 1993
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard is the owner and president of Midwest Financial Consultants since 2007. He also offers fixed insurance products.

Employment History
Current Registrations
Richard W. Paul & Associates, LLC
May 2011 - Present · 15 yrs 5 mos
Previous Registrations
Allegiant Asset Management L.L.C.
November 2009 - April 2011 · 1 yr 5 mos
Allegiant Securities L.L.C.Broker
November 2009 - April 2011 · 1 yr 5 mos
American Portfolios Advisors, INC
October 2007 - November 2009 · 2 yrs 1 mo
American Portfolios Financial Services, INC.Broker
September 2007 - November 2009 · 2 yrs 2 mos
Questar Capital CorporationBroker
November 1999 - September 2007 · 7 yrs 10 mos
Sunamerica Securities, INC.Broker
January 1999 - November 1999 · 10 mos
Royal Alliance Associates, INC.Broker
March 1995 - December 1998 · 3 yrs 9 mos
North American Management, INC.Broker
February 1989 - June 1993 · 4 yrs 4 mos
Monarch Securities, INC.Broker
October 1987 - May 1988 · 7 mos
Monarch Securities, INC.Broker
January 1986 - October 1987 · 1 yr 9 mos
Mariner Financial Services, INC.Broker
June 1985 - February 1995 · 9 yrs 8 mos
Mutual Service CorporationBroker
June 1984 - July 1985 · 1 yr 1 mo
John Hancock Distributors, INC.Broker
November 1982 - May 1984 · 1 yr 6 mos
State Registrations2 states
MITX
Advisor

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
No exam information available for this advisor.
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