Richard Robb
Richard Robb is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Albany, NY, with 39 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
421 New Karner Road, Suite 11, Albany, NY, 12205
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2009Other Business ActivitiesSells Insurance
Richard is a 50% owner and member of Capital Management Partners, LLC, and an insurance agent selling fixed insurance products, dedicating full-time hours. He also owns RFA, Inc. to facilitate securities, advisory, and insurance business, also dedicating full-time hours, and serves as Board Chair for Tire Conversion Technologies Inc., spending about 10% of his time.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
Capital Management Partners, LLC
Mony Securities CORP.Broker
State Registrations22 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.