Richard Newman is a registered investment advisor at Primerica Advisors, based in Maumee, OH, with 42 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 Investment Management, Retirement Planning. Their firm serves 67,816 clients with $16B 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 $250K | 1.74% |
| $250K - $500K | 1.71% |
| $500K - $1.0M | 1.52% |
| $1.0M - $3.0M | 1.38% |
| $3.0M - $5.0M | 1.15% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 0.85% |
Total maximum wrap fee schedule combining the maximum advisory fee, program fee, and assuming a maximum asset manager fee of 0.50%. The advisory fee component is negotiable.
Fee Estimator
Location
6821 Salisbury Rd, Maumee, OH, 43537
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2002Other Business Activities
Richard sells investment-related products for companies affiliated with PFS Investments Inc., operating under the D/B/A of Newman Financial since 2020. He may also receive non-investment related compensation from Primerica Mortgage, LLC and Primerica Client Services, Inc. and owns Salisbury Properties, LLC, but dedicates minimal time to these activities during securities trading hours.
Employment History
Current Registrations
Primerica Advisors
PFS Investments INC.
PFS Investments INC.Broker
State Registrations10 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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