Richard Pearce is a registered investment advisor at Prosper Financial, based in Colorado Springs, CO, with 15 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, Investment Management, Retirement Planning. Their firm serves 47 clients with $86M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $4.0M | 0.90% |
| $4M+ | 0.80% |
Fees shown are for individual security selection or any other strategy requiring reviews and analysis more frequently than monthly. Buy and hold investing with annual rebalancing: 0.50% of first $2,000,000, 0.40% of AUM over $2,000,000 up to $4,000,000, 0.30% of AUM over $4,000,000. Tactical asset allocation or any other strategy requiring quarterly or monthly reviews and analysis: 0.70% of the first $2,000,000, 0.60% of AUM over $2,000,000 up to $4,000,000, 0.50% of AUM over $4,000,000. Prosper Financial has discretion to charge a lesser amount than the above-stated fees.
Fee Estimator
Location
Colorado Springs, CO
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Richard is a member and manager of White Orchid Mountain Properties, LLC, a real estate-focused business consulting firm, but does not provide consulting services. He also has passive investments in Co-Tn Partners, LLC and other privately-held businesses, dedicating minimal time to these activities.
Employment History
Current Registrations
Prosper Financial
State Registrations3 states
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