Richard Waters
Richard Waters is a CFP-designated registered investment advisor at Osaic Institutions, INC., based in Plant City, FL, with 27 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning. Their firm serves 7,211 clients with $4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Fees for customized advisory services are based on the value of your portfolio and are negotiable. The maximum advisory fee is 2.50%. You may pay monthly or quarterly account fees, either in advance or after the service is provided. These fees are directly deducted from your account. If you invest in mutual funds or ETFs, you'll pay advisory fees to both the fund manager and Osaic Institutions. If the custom advisory services apply to annuities for which the advisor receives trail compensation, such trail fees generally will be used to offset the advisory fee.
Location
1804 James L Redman Parkway, Plant City, FL, 33563
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Regulatory History (1)
Customer Dispute
November 2002Other Business Activities
Richard is a publishing author, contributing financial advice content to a book focused on NFL players, dedicating about 10-20% of his time. He also provides financial planning and counseling for military families through Magellan Financial, spending a few hours per week on this activity.
Employment History
Current Registrations
Osaic Institutions, INC.
Osaic Institutions, INC.Broker
Previous Registrations
Ameriprise Financial Services, LLC.
Ameriprise Financial Services, LLCBroker
Infinex Investments, INC.
Infinex Investments, INC.Broker
LPL Financial LLC
LPL Financial LLCBroker
Infinex Investments, INC.
Infinex Investments, INC.Broker
Money Concepts Capital CORP
Money Concepts Capital CORPBroker
Suntrust Securities, INC.
Suntrust Securities, INC.Broker
Lux Investor Services CorporationBroker
State Registrations12 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.