Richard Solares
Richard Solares is a registered investment advisor at Sisung Investment Management Services LLC, based in Metairie, LA, with 36 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 12 clients with $2B 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 $25.0M | 1.00% |
| $25.0M - $50.0M | 0.80% |
| $50.0M - $100.0M | 0.70% |
| $100M+ | 0.60% |
This is the Equity Management Fee Schedule. Strategic Cash Management and Fixed Income Management have different fee schedules. Management fees are negotiable where your account may have extenuating circumstances affecting the level of our advisory services.
Fee Estimator
Location
3850 N. Causeway Blvd., Suite 1930, Metairie, LA, 70002
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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
Richard is the Vice President of Sisung Investment Management Services, LLC since 1995, focusing on investment advisory, operations, and compliance. This takes about 10-20% of his time.
Employment History
Current Registrations
Sisung Investment Management Services LLC
Sisung Securities CorporationBroker
State Registrations9 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.