Richard Schaufert
Richard Schaufert is a registered investment advisor at Lexaurum Advisors, based in Fairfield, TX, with 42 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 2,230 clients with $1.3B 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 | 2.00% |
| $2.0M - $5.0M | 1.75% |
| $5M+ | 1.50% |
Fee Estimator
Location
11 Pine Ridge Court, Fairfield, TX, 75840
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 volunteers as a Firefighter EMT and Chief for the Fairfield Volunteer Fire Department, is a member of Fairfield Lodge 103 AF&AM, and serves as a FINRA arbitrator. He is also a licensed insurance agent offering life, health, and annuity products, dedicating a few hours per week to this.
Employment History
Current Registrations
Lexaurum Advisors
Previous Registrations
Brokers International Financial Services, LLC.Broker
Cetera Advisor Networks LLCBroker
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Vsr Advisory Services
Vsr Financial Services, INC.Broker
Wachovia Securities Financial Network, INC.Broker
Wachovia Securities Financial Network, INC.
Advest, INC.Broker
Oppenheimer & CO., INC.Broker
Smith Barney, Harris Upham & CO., IncorporatedBroker
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.