Richard Loria is a registered investment advisor at Mps-Loria Financial Planners,llc, based in Burr Ridge, IL, with 34 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, Retirement Planning. Their firm serves 679 clients with $830M 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 $999K | 1.25% |
| $999K - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees for accounts holding CDs and certain fixed income will be determined on a case-by-case basis. A Firm Supervisor can authorize a lower fee on a case-by-case basis.
Fee Estimator
Location
7500 South County Line Rd., Burr Ridge, IL, 60527-6955
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 is an independent licensed insurance agent since 1991. He is also a Managing Member of LORIA Financial Group, LLC, supervising firm activities for about 10-20% of his time, and a Member of MPS LORIA Development, LLC, a commercial building company.
Employment History
Current Registrations
Mps-Loria Financial Planners,llc
Previous Registrations
Loria Financial Group, LLCBroker
Washington Square Securities, INC.Broker
John Hancock Distributors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
State Registrations2 states
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