Richard Cioffi
Richard Cioffi is a registered investment advisor at Capitol Securities Management, INC., based in Toms River, NJ, 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 3,745 clients with $1.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
CSM charges a percentage of your portfolio each year for investment advisory advice. The maximum advisory fee is 2.0% per year. The fee is paid in advance, on a quarterly or monthly basis. The amount you pay will reduce any money you make on your investments. CSM also offers wrap fee programs where the fee includes investment advisory services and brokerage execution costs. The maximum wrap fee is 2.0% per year.
Location
803 Main Street, Suite #3, Toms River, NJ, 08753
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2017Other Business Activities
Richard coaches the middle school varsity baseball team at St. Josephs Grade School since June 2023. This takes about 10-20% of his time.
Employment History
Current Registrations
Capitol Securities Management, INC.
Capitol Securities Management, INC.Broker
Previous Registrations
RBC Capital Markets, LLC
RBC Capital Markets, LLCBroker
Wells Fargo Advisors, LLCBroker
Wells Fargo Advisors, LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Primevest Financial Services, INC.Broker
Bny Investment Center INC.Broker
Capitol Securities Management, INC.Broker
Commerce Capital Markets, INC.Broker
Signator Investors, INC.Broker
Global Equities Group INCBroker
Gkn Securities CORP.Broker
First Metropolitan Securities, INC.Broker
State Capital Markets CorporationBroker
State Registrations23 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.