Richard Vandersande
Richard Vandersande is a registered investment advisor at Smart Stewardship Advisors, based in Lake in the Hills, IL, with 20 years of industry experience. Their practice areas include Business Owners, Charitable Giving, Estate Planning. Their firm serves 43 clients with $43M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Smart Stewardship Advisors does not directly manage your investments. Instead, they recommend third-party portfolio managers like Discipline Wealth Solutions (DWS), Efficient Advisors, or Asset Mark. These managers charge fees based on the amount of your assets they manage. Smart Stewardship Advisors receives a portion of the fee you pay to these managers for acting as a liaison, ensuring your information is up-to-date, assisting with allocation models, and responding to your questions.
Fees charged by Efficient or Asset Mark are:
- First $500,000 — 1.75% per year
- Next $500,000 — 1.40% per year
- Next $1,000,000 — 0.85% per year
- Next $1,000,000 — 0.60% per year
- Over $3,000,000 — 0.50% per year
Efficient or Asset Mark charges a minimum annual fee of $60 per investment account.
Fees charged by DWS are variable, with a maximum annual fee:
- First $250,000 — 1.50% per year
- Next $250,000 — 1.25% per year
- Next $500,000 — 1.20% per year
- Next $1,000,000 — 1.00% per year
- Next $2,000,000 — 0.85% per year
- Over $5,000,000 — 0.67% per year
Location
Lake in the Hills, IL
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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.
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Richard is the Vice President of The Stewardship Alliance, LLC, since 2003, focusing on stewardship planning based on biblical principles, dedicating about a quarter of his time. He is also the VP of Benefit Alliance, Incorporated, since 2004, providing group discounts and benefits, dedicating minimal time to this.
Employment History
Current Registrations
Smart Stewardship Advisors
State Registrations1 state
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