Richard Mccormack
Richard Mccormack is a CFP-designated registered investment advisor at School of Personal Finance, based in Yorktown Heigths, NY, with 20 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 32 clients with $29M 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 $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.60% |
Fees for 403(b) accounts are: $1-$500K: 0.90%, $500,001-$1M: 0.75%, $1M+: 0.60%. When an account reaches a higher asset threshold, the lower fee rate applies to the entire account balance.
Fee Estimator
Contact
Richard Mccormack
Location
Yorktown Heigths, NY
Get directionsHistory
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.
Learn about disclosures →Employment History
Current Registrations
School of Personal Finance
Previous Registrations
MML Investors Services, LLCBroker
Msi Financial Services, INC.Broker
Wells Fargo Advisors, LLCBroker
Wachovia Securities, LLCBroker
State Registrations2 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.