Richard Alter
Richard Alter is a registered investment advisor at Osaic Wealth, INC., based in Boca Raton, FL, with 35 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
Boca Raton, FL
Get directionsHistory
Regulatory History (4)
Customer Dispute
August 2014Customer Dispute
February 2009Customer Dispute
January 2009Customer Dispute
October 2008Other Business ActivitiesSells Insurance
Richard is the President of Alter Retirement Planning and an Investment Advisor Representative with Securities America Advisors, Inc. He also works as an agent for fixed insurance sales and sells insurance or fixed annuity products, dedicating minimal time to these activities.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
State Registrations14 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.