Richard Engbrecht
Richard Engbrecht is a registered investment advisor at RBC Securities, INC., based in La Jolla, CA, with 21 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,451 clients with $1.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RBC Securities offers a wrap fee program where you pay a single bundled fee that covers portfolio management, transaction costs, and custodial services. The fee is based on the market value of your account.
For Moderate Growth & Income, Growth & Income, Capital Growth, and Aggressive Capital Growth strategies:
- 1.25% annually on the first $1,000,000
- 1.00% annually on assets over $1,000,000
For Diversified Fixed Income and Conservative Growth & Income strategies:
- 0.80% annually on the first $1,000,000
- 0.65% annually on assets over $1,000,000
There is a $500 minimum annual fee. These fees are negotiable in certain circumstances.
Location
4275 Executive Square, 7th Floor, La Jolla, CA, 92037
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
August 2009Employment History
Current Registrations
RBC Securities, INC.
RBC Securities, INCBroker
RBC Securities, INC
Previous Registrations
Unionbanc Investment Services, LLCBroker
Unionbanc Investment Services, LLC
Wells Fargo Investments, LLCBroker
Wells Fargo Investments, LLC
New England Securities Corporation
New England SecuritiesBroker
State Registrations1 state
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.