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Richard Cunningham

Esi Financial Advisors
41 Years of Experience
Draper, UT
4 DisclosuresBrokerSells Insurance
View SEC Summary
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Richard Cunningham is a registered investment advisor at Esi Financial Advisors, based in Draper, UT, with 41 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 Annuities, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 12,379 clients with $2.8B in assets under management.

Esi Financial Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
536 advisors
Number of Clients
12,379 clients
Average Client Portfolio
$224K average
Assets Under Management
$2.8B

Fee Structure

Minimum Investment:$10K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $2.5M0.75%
$2.5M - $5.0M0.60%
$5.0M - $10.0M0.50%
$10M+0.35%

Rates reflect the primary schedule used in programs like American Funds and Schwab Retirement Advisor Services. Other programs have different maximum fees (AssetMark up to 1.50%, Saratoga up to 2.00%, SEI up to 1.75% plus 0.05% administrative fee). Actual fees are negotiable.

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

Location

1111 East Draper Parkway, Suite 310, Draper, UT, 84020

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History

Regulatory History (4)
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.
Customer Dispute
September 2014
Denied
Customer Dispute
October 2004
Denied
Customer Dispute
January 2004
Denied
Customer Dispute
October 2002
Pending
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard is a partner in MMSMGD LLC and Cunningham Investment 1 LLC with his spouse. He is also an agent for non-variable insurance and a financial advisor and investment advisor representative for Summit Global. Finally, Richard is a notary.

Employment History
Current Registrations
Equity Services, INC.
October 2025 - Present · 1 yr
Equity Services, INC.Broker
October 2025 - Present · 1 yr
Summit Global Investments, LLC
August 2023 - Present · 3 yrs 2 mos
Previous Registrations
United Planners' Financial Services of America a Limited PartnerBroker
November 2023 - November 2025 · 2 yrs
Verity Investments, INC.Broker
September 2023 - November 2023 · 2 mos
Transamerica Financial Advisors, INC.
January 2012 - July 2023 · 11 yrs 6 mos
Transamerica Financial Advisors, INCBroker
January 2012 - July 2023 · 11 yrs 6 mos
Investment Advisors International, INC.
August 2006 - January 2012 · 5 yrs 5 mos
Intersecurities, INC.
May 2005 - August 2006 · 1 yr 3 mos
World Group Securities, INC.Broker
April 2002 - January 2012 · 9 yrs 9 mos
Wma Securities, INC.Broker
August 1995 - April 2002 · 6 yrs 8 mos
Rushmore Securities CorporationBroker
February 1995 - September 1995 · 7 mos
Consolidated Investment Services, INC.Broker
January 1994 - February 1995 · 1 yr 1 mo
Uslife Equity Sales CORP.Broker
April 1991 - December 1993 · 2 yrs 8 mos
First American National Securities, INC.Broker
June 1985 - April 1991 · 5 yrs 10 mos
State Registrations10 states
AZCOFLGAIDINMTNVUTWY
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.
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