Richard Nicolich
Richard Nicolich is a registered investment advisor at Osaic Wealth, INC., based in Rocky Point, NY, with 38 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, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.
- Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
- Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
- Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.
Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.
Location
Rocky Point, NY
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Regulatory History (1)
Financial
September 2018Other Business ActivitiesSells Insurance
Richard is an insurance broker. He also has a fee-based advisory business through American Portfolios Advisors, Inc.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
American Portfolios Advisors, INC
American Portfolios Financial Services, INC.Broker
LPL Financial LLC
LPL Financial LLCBroker
Invest Financial Corporation
Invest Financial CorporationBroker
Uvest Financial Services Group, INC.
Uvest Financial Services Group, INC.Broker
AXA Advisors, LLCBroker
Sunpoint Securities, INC.Broker
Sterling Foster & Company, INC.Broker
Gruntal & CO. IncorporatedBroker
Dime Securities of Ny, INC.Broker
Invest Financial CorporationBroker
Vantage Securities, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
G. K. Scott & CO., INC.Broker
Best Investors Group, INC.Broker
Investors Center, INC.Broker
A. G. Edwards & Sons, INC.Broker
Laidlaw Adams & Peck INC.Broker
Blinder, Robinson & Co.,inc.Broker
First Jersey Securities, INC.Broker
State Registrations9 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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