Richard Karlen
Richard Karlen is a registered investment advisor at Millenium Financial Services, based in Peabody, MA, with 28 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, Investment Management, and 2 more. Their firm serves 165 clients with $19M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Millenium Financial Services manages investments for a fee based on a percentage of the value of your portfolio. The annual fee ranges from 0.5% to 2%, depending on the size and complexity of your portfolio. Fees are negotiable.
Location
182 Newbury Street, Peabody, MA, 01960
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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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Richard works as an insurance broker at 182 Newbury Street in Peabody, MA, dedicating all of his time to this activity.
Employment History
Current Registrations
Millenium Financial Services
Previous Registrations
Global Investment Advisors, LLC
State Registrations1 state
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.