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Richard Sunderland

Oakwood Capital, INC.
31 Years of Experience
Golden Valley, MN
1 DisclosureBrokerSells Insurance
View SEC Summary
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Richard Sunderland is a registered investment advisor at Oakwood Capital, INC., based in Golden Valley, MN, with 31 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 Business Owners, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 616 clients with $300M in assets under management.

Oakwood Capital, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
22 advisors
Number of Clients
616 clients
Average Client Portfolio
$494K average
Assets Under Management
$304.2M

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K2.00%
$100K - $250K1.90%
$250K - $500K1.80%
$500K - $1.0M1.60%
$1.0M - $2.0M1.40%
$2.0M - $3.0M1.20%
$3.0M - $5.0M1.00%
$5M+0.80%

Fees can be negotiable or assessed at a flat rate at the Advisor's discretion based on account size and prospective growth. Discretionary Oakwood portfolio management options feature separate lower tier rates ranging from 0.10% to 0.15%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Golden Valley, MN

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History

Regulatory History (1)
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.
Employment Separation After Allegations
June 2012
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard is the president and sole stockholder of Advisors Income Solutions, Inc., and sells fixed insurance and annuities through FMO's, dedicating about a quarter of his time. He is also a general partner of Delrick Enterprises Partnership and an investment advisor representative of Oakwood Capital, Inc., and an election judge for the City of Golden Valley.

Employment History
Current Registrations
Oakwood Capital Securities, INC.Broker
March 2013 - Present · 13 yrs 7 mos
Oakwood Capital, INC.
March 2013 - Present · 13 yrs 7 mos
Previous Registrations
Gardner Advisors INC.
March 2013 - December 2020 · 7 yrs 9 mos
Allied Beacon Wealth Management, LLC
October 2011 - June 2012 · 8 mos
Allied Beacon Partners, INC.Broker
October 2011 - June 2012 · 8 mos
Workman Securities Corporation
April 2008 - September 2011 · 3 yrs 5 mos
Workman Securities CorporationBroker
December 2004 - September 2011 · 6 yrs 9 mos
Ameritas Investment CORP.Broker
October 2003 - January 2005 · 1 yr 3 mos
The Advisors Group, INC.Broker
July 1997 - October 2003 · 6 yrs 3 mos
Nylife Securities INC.Broker
June 1994 - May 1997 · 2 yrs 11 mos
State Registrations4 states
AZIAMDMN
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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