Raymond Russo
Raymond Russo is a registered investment advisor at Virtuoso Wealth Management, based in Henderson, NV, with 19 years of industry experience. Raymond operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 2 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Virtuoso Wealth Management does not directly manage client investments. Instead, VWM refers clients to unaffiliated money managers or investment platforms. The total advisory fee, covering both VWM's services and the third-party manager's, typically doesn't exceed 1.65% of the client's assets but can reach 2.20% in some cases. VWM receives a portion of this fee from the third-party manager, generally not exceeding 1.2% of assets under management.
Location
Henderson, NV
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Regulatory History (2)
Customer Dispute
November 2007Customer Dispute
May 2004Other Business ActivitiesSells Insurance
Raymond is a licensed insurance professional and may offer clients insurance advice or products, which could present a conflict of interest. He also sells his book and markets a trust book, works as a representative for a claims recovery law firm, refers individuals to CPAs and tax specialists, and plans to launch online businesses; these activities take about 10-20% of his time.
Employment History
Current Registrations
Virtuoso Wealth Management
Previous Registrations
Sterling Investment Advisor, INC.
Independent Financial Group, LLC
Investment Advisors International, INC.
Intersecurities, INC.
State Registrations2 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.