Steven Rau
Steven Rau is a registered investment advisor at Mariner Advisor Network, based in Rocklin, CA, with 32 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 16,313 clients with $8.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mariner Independent Advisor Network offers investment management services through its network of IARs. Fees are based on the value of your portfolio and are deducted from your account. There are two fee options:
- Transaction Based Fee Option (TBFO): You pay transaction charges and/or commissions at the time of each transaction in addition to investment advisory fees. The advisory fees range from 0.4% to 2.55% if you pay for transaction charges, or 0.4% to 2.75% if the IAR pays for all transaction charges.
- Asset Based Fee Option (ABFO): You are charged a single periodic fee for advisory services, transaction charges, brokerage, and related services based on the value of assets in your account. The appropriateness of this option depends on your investment objectives, financial situation, and the frequency of trading in your account.
Fees are negotiable and can vary based on the complexity of your situation, the scope of services provided, and the expertise of the IAR.
Location
4308 Live Oak Lane Suite B, Rocklin, CA, 95765
Get directionsHistory
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
Steven operates under several DBAs for his LPL business, including Rau Financial Strategies and RFS Wealth Advisors. He is also a licensed life and health insurance agent in California and owns rental real estate, dedicating minimal time to it.
Employment History
Current Registrations
Mariner Advisor Network
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
Strategic Wealth Advisors Group
Barclay West Financial Advisors, LLC
Sagepoint Financial, INC.Broker
Barclay West Financial Advisors
Sunamerica Securities, INC.Broker
Linsco/private Ledger CORP.
Linsco/private Ledger CORP.Broker
Dean Witter Reynolds INC.Broker
State Registrations16 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.