Richard Schaeffer is a CFP-designated registered investment advisor at LPL Financial LLC, based in Rockville, MD, with 41 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
4612 Great Oak Road, Rockville, MD, 20853
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard operates Schaeffer Financial as a DBA for his LPL business and as a Registered Investment Advisor. He dedicates a few hours per week to providing investment advisory services through Schaeffer Financial.
Employment History
Current Registrations
LPL Financial LLCBroker
Schaeffer Financial LLC
Previous Registrations
Financial Services Advisory INC
Grove Point Investments, LLCBroker
Carey Jamison & CompanyBroker
Hibbard Brown & CO., INC.Broker
Financial Network Investment CorporationBroker
Fsc Securities CorporationBroker
State Registrations32 states
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