Richard Leidal is a registered investment advisor at Spc, based in Novi, MI, 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 Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
41850 W. 11 Mile Road, Suite 225,226, Novi, MI, 48375
Get directionsHistory
Regulatory History (3)
Customer Dispute
December 2012Customer Dispute
May 2012Customer Dispute
May 2012Other Business ActivitiesSells Insurance
Richard is involved in several business activities, including serving on the board of directors for Corporate Fringe Benefits Consultants Inc. (DBA Insight Financial Group) and Michigan College Funding LLC, as well as various college planning services and the sale of Medicare Supplement and Advantage plans. He also serves as trustee of his deceased father's irrevocable trust and sells long-term care benefits, life insurance, and annuities.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Walnut Street Securities, INC.Broker
General American Life Insurance CompanyBroker
Mutual Service CorporationBroker
Pruco Securities CorporationBroker
State Registrations11 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.