Richard Faraone
Richard Faraone is a registered investment advisor at LPL Financial LLC, based in Lutherville, MD, with 28 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
1447 York Road Suite 801, Lutherville, MD, 21093
Get directionsHistory
Regulatory History (5)
Customer Dispute
May 2014Customer Dispute
April 2009Customer Dispute
March 2009Customer Dispute
February 2003Customer Dispute
August 2002Other Business ActivitiesSells Insurance
Richard operates his LPL business under the DBA Academy Financial. He also sells non-variable insurance through Academy Financial, spending minimal time on it, and is associated with AFI Associates LLC for tax/investment purposes.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Osaic Fa, INC.
Osaic Fa, INC.Broker
The Lincoln National Life Insurance CompanyBroker
American Express Financial Advisors, INC.
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations27 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.