RP
RP

Randy Peyman

32 Years of Experience
Fairmont, MN
3 DisclosuresBrokerSells Insurance

Randy Peyman is a registered investment advisor at Raymond James Financial Services Advisors, INC, based in Fairmont, MN, with 32 years of industry experience. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 2 more. Their firm serves 508,439 clients with $390B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6484 advisors
IM Fee
Planning only
Assets Under Management
$390.0B

Fee Structure

Hourly Rate:Up to $400/hr
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Location

301 S State St, Fairmont, MN, 56031

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2019
Closed-No Action
Customer Dispute
December 2014
Denied
Customer Dispute
April 2006
Denied
Other Business ActivitiesSells Insurance

Randy is an insurance agent with Bank Midwest Insurance Agency since 2018, selling non-variable insurance, dedicating minimal time. He also operates Midwest Wealth Management as a DBA for his LPL business, dedicating full-time hours.

Employment History
Current Registrations
Raymond James Financial Services, INC.Broker
January 2026 - Present · 4 mos
Raymond James Financial Services Advisors, INC
January 2026 - Present · 4 mos
Previous Registrations
LPL Financial LLCBroker
February 2018 - January 2026 · 7 yrs 11 mos
LPL Financial LLC
February 2018 - January 2026 · 7 yrs 11 mos
Sii Investments, INC.
May 2008 - February 2018 · 9 yrs 9 mos
Sii Investments, INC.Broker
August 1997 - February 2018 · 20 yrs 6 mos
Fortis Investors, INC.Broker
November 1994 - August 1997 · 2 yrs 9 mos
Waddell & Reed, INC.Broker
September 1993 - March 1994 · 6 mos
Fortis Investors, INC.Broker
July 1993 - September 1993 · 2 mos
State Registrations24 states
ARAZCACOFLGAIAILKSMNMOMTNCNDNJNMNVOHOKSDTXWAWIWY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Randy Peyman - Financial Advisor | TrueAdvisor