Richard Powers is a registered investment advisor at RBC Rochdale, LLC, based in New York, NY, with 19 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 17,054 clients with $73B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RBC Rochdale offers investment management services with fees based on a percentage of the assets managed. The specific fees vary depending on the account type and the amount invested.
Annual Program Relationship Model:
Clients pay an annual investment advisory fee and an annual program fee. The investment advisory fee covers investment management services, while the program fee covers transaction costs and custodial services.
Transaction-Based Relationship Model:
Clients pay an annual investment management fee, transaction costs, and custodial fees.
Fees may be negotiable.
Location
400 Park Avenue, 10th Floor, New York, NY, 10022
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 →Other Business Activities
Richard is an officer (Treasurer) for Cranford Cub Scout Pack 137, a local Cub Scout pack. He spends minimal time on this non-investment related activity.
Employment History
Current Registrations
Cnr Securities, LLCBroker
RBC Rochdale, LLC
Previous Registrations
Mbs Source Etrading, INC.Broker
E*trade Capital Management, LLC
E*trade Securities LLCBroker
UBS Financial Services INC.
UBS Financial Services INC.Broker
Incapital LLCBroker
Hapoalim Securities USA, INC.Broker
Bny Mellon Capital Markets, LLCBroker
Bny Investment Center INC.Broker
TD Ameritrade, INC.Broker
David Lerner Associates, INC.Broker
Joseph Stevens & Company, INC.Broker
State Registrations4 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.