RS
RS
Richard Sholty
40 Years of Experience
Santa Monica, CA
4 DisclosuresBroker
Richard Sholty is a registered investment advisor at Morgan Stanley, based in Santa Monica, CA, with 40 years of industry experience. Their practice areas include Investment Management. Their firm serves 2,539,760 clients with $1700B in assets under management.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
23050 advisors
IM Fee
Planning only
Assets Under Management
$1650.0B
Fee Structure
Investment management only (planning not offered)
Annual Retainer:Up to $500,000/year
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Location
100 Wilshire Boulevard, Suite 1900, Santa Monica, CA, 90401
Get directionsHistory
Regulatory History (4)
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Customer Dispute
February 2016Settled
Customer Dispute
April 2011Settled
Customer Dispute
October 2001Settled
Customer Dispute
July 2001Denied
Employment History
Current Registrations
Morgan Stanley
April 2012 - Present · 14 yrs 3 mos
Morgan StanleyBroker
April 2012 - Present · 14 yrs 3 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2009 - May 2012 · 2 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2009 - May 2012 · 2 yrs 7 mos
Banc of America Investment Services, INC.Broker
July 1999 - October 2009 · 10 yrs 3 mos
Banc of America Investment Services, INC.
May 1998 - October 2009 · 11 yrs 5 mos
Ba Investment Services, INC.Broker
September 1994 - July 1999 · 4 yrs 10 mos
Wells Fargo Securities INC.Broker
April 1994 - October 1994 · 6 mos
Ba Investment Services, INC.Broker
May 1992 - April 1994 · 1 yr 11 mos
Gna Securities, INC.Broker
November 1987 - June 1992 · 4 yrs 7 mos
American Express Financial Advisors INC.Broker
February 1986 - December 1987 · 1 yr 10 mos
Baraban Securities, INC.Broker
August 1985 - February 1986 · 6 mos
State Registrations31 states
AKARAZCACOCTFLGAIAIDILINMAMDMEMIMNMONJNVNYOHOKORPATNTXUTVAWAWI
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.