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RM
ChFC
RM
ChFC

Richard Mercier

LPL Financial LLC
40 Years of Experience
Edmonds, WA
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Richard Mercier is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Edmonds, WA, 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.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

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

Location

190 W. Dayton St. Suite #102, Edmonds, WA, 98020

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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
March 2009
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard operates Mercier Financial Group, Inc. as a DBA for his LPL business, dedicating full-time hours to this investment-related activity. Additionally, Richard sells non-variable insurance through Mercier Financial Group, Inc., spending about 10-20% of his time on this investment-related activity, and spends minimal time as a card collector.

Employment History
Current Registrations
LPL Financial LLC
February 2024 - Present · 2 yrs 8 mos
LPL Financial LLC
February 2024 - Present · 2 yrs 8 mos
LPL Financial LLCBroker
February 2024 - Present · 2 yrs 8 mos
Previous Registrations
Securities America Advisors, INC.
November 2020 - February 2024 · 3 yrs 3 mos
Securities America, INC.Broker
November 2020 - February 2024 · 3 yrs 3 mos
Kms Financial Services, INC.Broker
November 2009 - November 2020 · 11 yrs
Kms Financial Services, INC
November 2009 - November 2020 · 11 yrs
LPL Financial Corporation
September 2009 - November 2009 · 2 mos
LPL Financial CorporationBroker
September 2009 - November 2009 · 2 mos
Mutual Service Corporation
September 2002 - September 2009 · 7 yrs
Mutual Service CorporationBroker
March 1999 - September 2009 · 10 yrs 6 mos
Titan/value Equities Group, INC.Broker
March 1990 - March 1999 · 9 yrs
Carillon Investments, INC.Broker
August 1986 - March 1990 · 3 yrs 7 mos
State Registrations23 states
AKALAZCACODCFLHIIDILMAMNMOMTNCNENVOHOKORSCTXWA
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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