Richard Abbe
Richard Abbe is a registered investment advisor at LPL Financial LLC, based in Waco, TX, 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
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
Location
4800 Lakewood Drive, Suite 7,, Waco, TX, 76710
Get directionsHistory
Regulatory History (2)
Customer Dispute
January 2026Customer Dispute
October 1998Other Business ActivitiesSells Insurance
Richard has several business activities, including a DBA for LPL business (Mathis Abbe Financial Advisors LLC and Abbe Strategic Wealth) and a business entity for tax/investment purposes. He also sells non-variable insurance products and co-owns a real estate rental, dedicating about a quarter of his time to insurance sales and minimal time to the rental property.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Prudential Financial Planning Services
Pruco Securities, LLC.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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