TrueAdvisor
TrueAdvisor
RS
CFP
RS
CFP

Richard Steele

LPL Financial LLC
40 Years of Experience
Omaha, NE
3 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Richard Steele is a CFP-designated registered investment advisor at LPL Financial LLC, based in Omaha, NE, with 40 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 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

11590 West Dodge Road, Omaha, NE, 68154

Get directions

History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
February 1994
Final
Criminal
May 1993
Final Disposition
Criminal
May 1979
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard is an independent insurance agent for various companies since 1985, dedicating a few hours per week. He is also a member of Integrity Leasing LLC, an advisory representative of a RIA called CIRA (taking about a quarter of Richard's time), a financial professional utilizing the DBA name Bridge Marketing Inc, and a board member of South Hamptons HOA.

Employment History
Current Registrations
LPL Financial LLC
December 2025 - Present · 10 mos
LPL Financial LLCBroker
December 2025 - Present · 10 mos
Previous Registrations
Cambridge Investment Research Advisors, INC.
March 2005 - December 2025 · 20 yrs 9 mos
Cambridge Investment Reserarch, INC.
October 1998 - March 2005 · 6 yrs 5 mos
Cambridge Investment Research, INC.Broker
January 1996 - December 2025 · 29 yrs 11 mos
Eneric Financial Services, INC.Broker
April 1995 - December 1995 · 8 mos
American Express Financial Advisors INC.Broker
October 1985 - December 1993 · 8 yrs 2 mos
American Express Financial Advisors INC.Broker
February 1985 - December 1993 · 8 yrs 10 mos
State Registrations11 states
COFLIAINMAMONENJSDTXVA
AdvisorBrokerBoth

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
No exam information available for this advisor.
More Advisors
More financial advisors in Omaha, NE →All financial advisors in Nebraska →