Richard Storms
Richard Storms is a registered investment advisor at LPL Financial LLC, based in Royersford, PA, with 25 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
460 South Lewis Road Suite 101, Royersford, PA, 19468
Get directionsHistory
Regulatory History (3)
Judgment / Lien
July 2018Judgment / Lien
May 2018Judgment / Lien
February 2018Other Business ActivitiesSells Insurance
Richard operates his LPL business through St. Pedro & Associates, Inc., dedicating nearly full-time hours to it. He also owns The Ace Tomato Group LLC, which is involved in non-variable insurance, and spends about 10-20% of his time on it, and is a business owner of Naturally Rofo, a farm store, and Heritage Farming LLC and Family Tradition Farming LLC, both farms, spending minimal time on each.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Securities America, INC.Broker
Securities America Advisors, INC.
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Capital Analysts, IncorporatedBroker
State Registrations6 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.