Richard Sweet
Richard Sweet is a registered investment advisor at Equitable Advisors, LLC, based in Palm Beach, FL, with 39 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 69,432 clients with $38B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Equitable Advisors offers investment management through LPL Financial programs and third-party asset managers (TAMPs). Fees vary depending on the program and assets invested.
For LPL programs like SAM, fees are based on a percentage of your portfolio. In some cases, you can choose whether to pay transaction charges directly or have the advisor pay them, which affects the overall advisory fee.
When using TAMPs, the fees are determined by the TAMP and a portion is paid to Equitable Advisors. The specific fees, minimums, and arrangements vary by TAMP, so it's important to review their brochures.
Equitable Advisors also offers ERISA fiduciary services to retirement plans, with fees determined by the specific services provided.
Location
Palm Beach, FL
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Regulatory History (1)
Customer Dispute
February 2006Other Business Activities
Richard owns multiple LLCs related to investment properties, including Sweet Master LLC, Carlyle House 103, and Carlyle House 101 LLC. He spends minimal time on these activities.
Employment History
Current Registrations
Equitable Advisors, LLC
Equitable Advisors, LLCBroker
Previous Registrations
NFP Securities, INC.
NFP Securities, INC.Broker
Nathan & Lewis Securities, INC.Broker
Hornor, Townsend & Kent, INC.Broker
Krupp Securities CorporationBroker
Global Capital Securities, INC.Broker
State Registrations21 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.