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CFP

Richard Robb

Commonwealth Financial Network
40 Years of Experience
Lynnfield, MA
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Richard Robb is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Lynnfield, MA, 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 Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

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

Location

50 Salem Street, Suite 200, Lynnfield, MA, 01940

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History

Regulatory History (1)
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
February 2009
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other 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
April 2001 - Present · 25 yrs 6 mos
Commonwealth Financial NetworkBroker
January 1990 - Present · 36 yrs 9 mos
Previous Registrations
Capital Management Partners, LLC
April 2005 - November 2006 · 1 yr 7 mos
Mony Securities CORP.Broker
August 1986 - January 1990 · 3 yrs 5 mos
State Registrations25 states
AKCACOCTFLGAINMAMDMEMONCNHNJNMNYOHPARISCTNTXVAVTWA
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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