Richard Adams
Richard Adams is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Richmond, VA, with 39 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
567 B Southlake Blvd., Richmond, VA, 23236
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Regulatory History (1)
Employment Separation After Allegations
July 2023Other Business ActivitiesSells Insurance
Richard sells fixed annuities, life, and health insurance since 2017, dedicating about 10-20% of his time to this. He also does tax preparation/accounting and is a non-profit board member, dedicating minimal time to each.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Colonial River Wealth Management LLC
Securities America, INC.Broker
Securities America Advisors, INC.
Investors Security Company, INC.
Pfg Distribution CompanyBroker
Investors Security Company, INC.Broker
Mutual Service CorporationBroker
Wheat, First Securities, INC.Broker
State Registrations9 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.