Richard Corse is a registered investment advisor at Westmont Capital Advisors, LLC, based in Dallas, TX, with 21 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, High Net Worth, Investment Management, and 2 more. Their firm serves 25 clients with $43M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Westmont Capital Advisors charges either fixed or adjustable fees for managing your investments. Fixed fees are a percentage of your portfolio and typically average 0.30% to 1.50% per year. Adjustable fees vary based on the size of your portfolio and the types of investments it holds (stocks, bonds, mutual funds, etc.). For portfolios below $5 million, adjustable fees for stocks range from 0.75% to 2.10%, for fixed income 0.35% to 0.50%, for mutual funds 0.30% to 0.95%, and for cash equivalents 0.08% to 0.12%. Fees for portfolios above $5 million are negotiable. There is a minimum managed relationship size of $1,000,000, but this is negotiable.
Location
Dallas, TX
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard is responsible for all corporate activities and operations at Corse Consulting, Inc., a management consulting, investment banking, and litigation support firm, dedicating about half his time. He also manages Corse Properties, an investment company, spending a few hours per week.
Employment History
Current Registrations
Westmont Capital Advisors, LLC
Previous Registrations
Bfc Planning, INC.
Milkie/ferguson Investments, INC.
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.