Richard Stewart is a CFP-designated registered investment advisor at Chelsea Advisory Services, INC, based in Staten Island, NY, with 30 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 552 clients with $150M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Chelsea Advisory charges a percentage of your portfolio each year. The exact percentage is negotiated with each client, up to a maximum of 2%. Fees are paid quarterly. Some financial planning is included with investment management services. Chelsea Advisory recommends clients open brokerage accounts with their affiliate, Chelsea Financial, which has negotiated rates with Hilltop Securities. This arrangement means clients don't pay separately for advisory services, trade execution, or custody.
Location
242 Main Street, Staten Island, NY, 10307
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard owns RB Stewart Financial, providing tax preparation and accounting services. He also owns RB Stewart & Co CPA's, offering accounting services, tax preparation, and payroll services.
Employment History
Current Registrations
Chelsea Advisory Services, INC
Chelsea Financial Services
Chelsea Financial ServicesBroker
Previous Registrations
Rb Stewart Financial LLC
Regulus Financial Group, LLCBroker
American Equity Investment CorporationBroker
Avantax Advisory Services
H.D. Vest Advisory Services, INC
Avantax Investment Services, INC.Broker
Terra Securities CorporationBroker
State Registrations2 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.