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Richard Mordesovich

Sonoma Private Wealth LLC
22 Years of Experience
Novato, CA
View SEC Summary
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Richard Mordesovich is a registered investment advisor at Sonoma Private Wealth LLC, based in Novato, CA, with 22 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, High Net Worth, and 6 more. Their firm serves 85 clients with $160M in assets under management.

Sonoma Private Wealth LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
85 clients
Average Client Portfolio
$1.9M average
Assets Under Management
$158.5M

Fee Structure

Minimum Investment:$1M
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.25%
$1M+1.00%

Fees vary between 0.25% and 1.25% depending on market value, asset type, complexity, and administration level. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

7049 Redwood Blvd., Suite 205, Novato, CA, 94945

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Richard owns two rental properties, spending a few hours per week on them. He also participates in the Mordesovich-Chase Family Charitable Gift Fund, dedicating minimal time each month.

Employment History
Current Registrations
Sonoma Private Wealth LLC
April 2020 - Present · 6 yrs 6 mos
Previous Registrations
Silicon Private Wealth, LLC
February 2018 - July 2020 · 2 yrs 5 mos
Bakeravenue
October 2008 - February 2018 · 9 yrs 4 mos
Neuberger Berman, LLC
August 2005 - March 2008 · 2 yrs 7 mos
Banc of America Investment Services, INC.
August 2003 - July 2005 · 1 yr 11 mos
Banc of America Securities LLC
June 2003 - August 2003 · 2 mos
State Registrations2 states
CATX
Advisor

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.
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