Richard Ruba
Richard Ruba is a registered investment advisor at LPL Financial LLC, based in Ludington, MI, with 33 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
325 S Brye Rd, Ludington, MI, 49431
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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 splits commissions on fixed insurance business only with State Farm agent Erin S. Doan, spending minimal time on this. He also acts as a notary public, operates Ruba Financial Advisors, LLC as a DBA for his LPL business (full-time), and owns Amber Acres, LLC for real estate rental (minimal time).
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Locust Street Securities, INC.Broker
Bma Financial Services, INC.Broker
Waddell & Reed, INC.Broker
State Registrations24 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.