Richard Rustic
Richard Rustic is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Bristol, CT, with 43 years of industry experience. Richard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B 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 $750K | 2.25% |
| $750K - $1.0M | 2.00% |
| $1.0M - $2.0M | 1.75% |
| $2M+ | 1.50% |
Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.
Fee Estimator
Location
190 Summer Street, Bristol, CT, 06010
Get directionsHistory
Regulatory History (2)
Customer Dispute
February 2024Customer Dispute
August 2023Other Business ActivitiesSells Insurance
Richard sells fixed insurance products as an insurance agent. He is also a co-owner of Federal Hill Financial, LLC, dedicating all of his time during business hours to this investment-related activity.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
First Investors CorporationBroker
State Registrations12 states
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
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