Richard Simonitis
Richard Simonitis is a registered investment advisor at LPL Financial LLC, based in North Royalton, OH, with 33 years of industry experience. Richard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.
Fee Estimator
Location
North Royalton, OH
Get directionsHistory
Regulatory History (2)
Customer Dispute
February 2025Customer Dispute
March 2014Other Business ActivitiesSells Insurance
Richard operates Investing Solutions & Financial Services LLC, which serves as a DBA for his LPL business and offers non-variable insurance products. He also provides limited tax services, dedicating about 10-20% of his time to tax preparation.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Uvest Financial Services Group, INC.Broker
Linsco/private Ledger CORP.Broker
Pruco Securities CorporationBroker
State Registrations5 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.
Exams
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