Richard Cobb is a registered investment advisor at Cresap, INC., based in Radnor, PA, with 32 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. Their firm serves 585 clients with $340M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cresap Inc. offers investment management services through programs offered by Wells Fargo. The fees are negotiated between you and your advisor, and are based on the value of your account.
For non-discretionary accounts (where you approve each transaction):
- Asset Advisor Program: Fees are typically at or below 1.5% per year.
- Custom Choice Program: Fees are typically at or below 1.2% per year.
For discretionary accounts (where Cresap Inc. makes the investment decisions):
- Private Investment Management (PIM) Program: Fees are typically at or below 2% per year.
Fees are deducted quarterly from your account. There are no commissions on transactions within these fee-based advisory accounts, but there may be exchange fees or other regulatory fees.
Location
259 N Radnor Chester Rd, Ste 140, Radnor, PA, 19087
Get directionsHistory
Regulatory History (6)
Customer Dispute
March 2013Customer Dispute
March 2012Customer Dispute
April 2011Customer Dispute
February 2002Customer Dispute
December 2001Customer Dispute
September 2001Employment History
Current Registrations
Cresap, INC.
Cresap, INC.Broker
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
First Union Securities, INC.Broker
First Union Capital Markets CORP.Broker
Delaware Distributors, L.P.Broker
State Registrations33 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.