Richard Debono
Richard Debono is a registered investment advisor at Vanderbilt Advisory Services, based in Folsom, CA, with 27 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, High Net Worth, Investment Management, and 2 more. Their firm serves 6,470 clients with $2.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
VAS offers investment management through its Managed Account Program and VFG Tactical Model Portfolios. Fees are based on assets under management and can be structured as a flat annual fee, flat percentage, threshold billing, or tiered billing. The specific fee structure is outlined in the Investment Advisory Agreement.
VAS also uses Betterment for Advisors, where fees range from 0.12% to 0.25% of account balances, charged monthly or quarterly. VAS also charges an advisory fee on top of the Betterment fee.
Location
Folsom, CA
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
July 2024Judgment / Lien
May 2023Other Business ActivitiesSells Insurance
Richard sells fixed and fixed index insurance products, dedicating about 10% of his time to this. He also volunteers as an ambassador for the Roseville Area Chamber of Commerce and works as a sales representative for AmeriPlan's health and dental plans, each taking about 5-10% of his time.
Employment History
Current Registrations
Vanderbilt Securities, LLCBroker
Vanderbilt Advisory Services
Previous Registrations
Stirlingshire Investments
Stirlingshire InvestmentsBroker
Next Financial Group, INC.
Next Financial Group, INC.Broker
Ameritas Investment CORP
Ameritas Investment CORP.Broker
Brown Robello Capital Management, LLC
Brown Robello Capital Management, LLC
Avisen Securities, INC.Broker
Wachovia Securities, LLC
Wachovia Securities, LLCBroker
Prudential Securities Incorporated
Prudential Securities IncorporatedBroker
State Registrations9 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.