Richard Smith is a ChFC-designated registered investment advisor at Smith Financial, based in Kokomo, IN, with 41 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 159 clients with $460M 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 $1.0M | 1.00% |
| $1.0M - $2.0M | 0.50% |
| $2.0M - $3.0M | 0.40% |
| $3M+ | 0.25% |
All fees are subject to negotiation. Asset-based fees may not exceed 2.50% of managed assets.
Fee Estimator
Location
1830 S. Plate St., Kokomo, IN, 46902
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Richard is the president and owner of Smith Financial/Rocke Smith, an insurance sales business, and Smith Financial Investment Advisors, Inc., a registered investment advisor; both take about half of his time. He also serves on the board and finance committee of the Community Foundation of Howard County, and is a committee member for the YMCA of Kokomo Capital Campaign Committee, dedicating minimal time to each.
Employment History
Current Registrations
Smith Financial
Previous Registrations
Mercap Securities, LLCBroker
NFP Securities, INC.Broker
Valmark Advisers, INC.
Valmark Securities, INC.Broker
NFP Securities, INC.
NFP Securities, INC.Broker
Walnut Street Securities, INC.Broker
General American Life Insurance CompanyBroker
State Registrations1 state
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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