Richard Storms
Richard Storms is a registered investment advisor at LPL Financial LLC, based in Royersford, PA, with 26 years of industry experience. Richard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.
Fee Estimator
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.
Exams
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