Richard Prozzo
Richard Prozzo is a registered investment advisor at Davidson Wealth Management LLC, based in Forked River, NJ, with 37 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 Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 228 clients with $170M 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 | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $3.0M | 1.25% |
| $3.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
Annual fees are negotiable and are pro-rated and paid quarterly in arrears or advance depending on the investment platform.
Fee Estimator
Location
1041 West Lacey Road, 2nd Floor, Forked River, NJ, 08731
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 works as an Investment Advisor Representative for Davidson Wealth Management LLC, dedicating nearly full-time hours to asset allocation and investment management. He also analyzes clients' insurance needs and acts as an agent, and serves as a trustee for his deceased father's trust, dedicating minimal time to each.
Employment History
Current Registrations
Davidson Wealth Management LLC
Osaic Wealth, INC.Broker
Previous Registrations
Davidson Asset Managment, INC.
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations38 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.
Exams
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