Richard Hiatt is a registered investment advisor at LPL Financial LLC, based in Pontiac, IL, with 27 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
221 West Washington Street, Pontiac, IL, 61764
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard acts in a fiduciary capacity for two trusts, serves as a non-profit board member, and is involved with Hiatt Enterprises, LLC. He also operates Hiatt Financial Services as a DBA for his LPL business and provides tax preparation/accounting services through Hiatt Financial Services, LLC.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Wintrust Investments LLCBroker
Wintrust Investments
Wayne Hummer Asset Management Company
Focused Investments L.L.C.Broker
American General Securities IncorporatedBroker
State Registrations12 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.