Richard Staves
Richard Staves is a PFS-designated registered investment advisor at Roots First Wealth Management, based in Highlands Ranch, CO, with 20 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 33 clients with $17M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.85% |
| $5M+ | 0.85% |
Fees are negotiable for accounts over $5,000,001.
Fee Estimator
Location
1745 Shea Center Dr, 4th Floor, Highlands Ranch, CO, 80129
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Richard is the president and owner of Cherry Creek Wealth Management, where he does tax preparation, consulting, and accounting, dedicating about 10-20% of his time. He is also an independent representative with various insurance carriers for fixed insurance sales and a director at Social Security Education Center, spending minimal time there.
Employment History
Current Registrations
Roots First Wealth Management
Previous Registrations
Geneos Wealth Management, INC.
Verity Asset Management
Simplicity Wealth
Sheridan Road
Cherry Creek Wealth Management
Redhawk Wealth Advisors, INC.
AXA Advisors, LLC
Wealth Planning and Management, INC.
World Equity Group, INC.
Centaurus Financial, INC.
Wells Fargo Investments, LLC
Arque Advisors, LLC
Gbs Financial CORP.
Arque & CO Incororated
Commonwealth Financial Network
State Registrations1 state
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.