Vance Richard is a registered investment advisor at Smith Shellnut Wilson, based in Ridgeland, MS, with 36 years of industry experience. Vance operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 384 clients with $8B 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 $1.0M | 1.50% |
| $1.0M - $4.0M | 1.25% |
| $4M+ | 1.00% |
Fees are negotiable. Fees are generally lower for non-discretionary accounts.
Fee Estimator
Location
661 Sunnybrook Road, Suite 130, Ridgeland, MS, 39157
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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 Activities
Vance owns VARCO of Acadiana, buying and selling drill pipe and real estate, and has ownership in oil wells, dedicating minimal time. He also serves as Treasurer on the Board of Directors for the Bank Insurance & Securities Association (BISA), spending minimal time.
Employment History
Current Registrations
Smith Shellnut Wilson
Previous Registrations
First Horizon Advisors, INC.Broker
First Horizon Advisors, INC
Infinex Investments, INC.Broker
Infinex Investments, INC.
Essex National Securities, LLC
Essex National Securities, LLCBroker
Investment Advisors
Proequities, INC.Broker
Linsco/private Ledger CORP.Broker
Gna Securities, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
F.N. Wolf & CO., INC.Broker
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.