RB
RB

Richard Bingaman

32 Years of Experience
Elgin, IL
2 DisclosuresBroker

Richard Bingaman is a registered investment advisor at Robert W. Baird & CO. Incorporated, based in Elgin, IL, with 32 years of industry experience. Richard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Estate Planning, High Net Worth, Investment Management, and 3 more. Their firm serves 241,359 clients with $390B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2620 advisors
Number of Clients
241,359 clients
Average Client Portfolio
$1.6M average
Assets Under Management
$394.1B

Fee Structure

Investment management only (planning not offered)

Robert W. Baird & Co. charges an ongoing annual fee for portfolio management, which is bundled with trade execution and custody services as part of a wrap fee program. The specific fee amount depends on the chosen program, strategy, and the size of your portfolio, and is generally calculated as a percentage of the assets they manage for you. Additional costs may apply if managers execute trades away from Baird or if you utilize specialized overlay services.

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Location

2155 Point Blvd, Suite 100, Elgin, IL, 60123

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2024
Denied
Customer Dispute
July 2008
Denied
Other Business Activities

Richard works as a secretary for Cary Co. in Addison, IL, since 2016. This activity requires minimal time.

Employment History
Current Registrations
Robert W. Baird & CO. Incorporated
February 2018 - Present · 8 yrs 8 mos
Robert W. Baird & CO. IncorporatedBroker
February 2018 - Present · 8 yrs 8 mos
Previous Registrations
Edward Jones
May 2007 - February 2018 · 10 yrs 9 mos
Edward JonesBroker
April 1994 - February 2018 · 23 yrs 10 mos
State Registrations30 states
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AdvisorBrokerBoth

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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