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CFP
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CFP

Richard Oaster

LPL Financial LLC
29 Years of Experience
Pittsford, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Richard Oaster is a CFP-designated registered investment advisor at LPL Financial LLC, based in Pittsford, NY, with 29 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 Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

15 Schoen Place, Pittsford, NY, 14534

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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.
Customer Dispute
June 2012
Award / Judgment
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard operates Canal View Financial Advisors as a DBA for his LPL business and is involved in two entities for tax-investment purposes: Rollerkoaster Aviation LLC and Oaster & Associates. He also works with Specific Solutions selling non-variable insurance, dedicating a few hours per week, and is a notary for the State of NY.

Employment History
Current Registrations
LPL Financial LLC
October 2019 - Present · 7 yrs
LPL Financial LLCBroker
October 2019 - Present · 7 yrs
Previous Registrations
Securities America, INC.Broker
November 2009 - November 2010 · 1 yr
Ameriprise Financial Services, INC.Broker
November 2009 - October 2019 · 9 yrs 11 mos
Ameriprise Financial Services, INC.
November 2009 - October 2019 · 9 yrs 11 mos
Ensemble Financial Services, INC.
August 2008 - November 2009 · 1 yr 3 mos
Ensemble Financial Services, INC.Broker
September 2005 - November 2009 · 4 yrs 2 mos
Mcdonald Investments INC.Broker
August 2000 - September 2005 · 5 yrs 1 mo
Edward JonesBroker
October 1996 - September 2000 · 3 yrs 11 mos
State Registrations16 states
ALAZCAFLGAMANCNJNYOHSCTNTXVAVTWI
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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