Richard Carr is a CFP, ChFC-designated registered investment advisor at Carr Financial Group, based in Worcester, MA, 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 Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 580 clients with $740M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Carr Financial Group offers wealth management services for an annual fee based on the value of your portfolio. This fee can be up to 2.00% per year, depending on the size and composition of your portfolio, the services provided, and who is providing the services. The fee is calculated quarterly, in advance, based on the market value of your portfolio on the last day of the previous quarter.
Location
20 Park Avenue, Ste #201, Worcester, MA, 01605
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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 ActivitiesSells Insurance
Richard periodically sells life insurance and fixed annuity products through Ash Brokerage, dedicating about 10-20% of his time. He also manages real estate, serves on the boards of a non-profit and social club, and teaches financial concepts at a college.
Employment History
Current Registrations
Carr Financial Group
Previous Registrations
Lucey Advisory Group
Private Advisor Group, LLC
LPL Financial LLCBroker
Tower Square Securities, INC.Broker
Advantage Capital CorporationBroker
Travelers Equities Sales, INC.Broker
State Registrations3 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.