Adam Richardson is a registered investment advisor at Keystone Financial Group, LLC, based in Somerset, KY, with 21 years of industry experience. Adam operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 6,508 clients with $1.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Keystone Financial Group offers asset management services where fees are based on a percentage of the value of your portfolio, ranging from 0.25% to 2.00% per year. These fees are negotiable based on factors like the type of client, complexity, and the amount invested. Fees are billed quarterly in advance. Keystone Financial Group also offers the Keystone Wealth Managed Asset Program (KEYMAP), with similar fee ranges and billing practices. KEYMAP accounts can be either wrap fee (KEYMAP Program II) or non-wrap fee (KEYMAP Program I), affecting how transaction costs are handled.
Location
38 Public Square, Somerset, KY, 42501
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Adam owns rental properties, operates Keystone Financial Group and Richardson Wealth Management as DBAs for his LPL business, and is an IAR with Keystone Financial Group. He also owns LQC Properties LLC, Simple & Rich LLC, and Goodwin Building Holdings, LLC dba The Bar Upstars.
Employment History
Current Registrations
Keystone Financial Group, LLC
LPL Financial LLCBroker
Previous Registrations
J.J.B. Hilliard, W.L. Lyons, LLC
J.J.B. Hilliard, W.L. Lyons, LLCBroker
Wachovia Securities, LLCBroker
Wachovia Securities, LLC
A. G. Edwards & Sons, INC.
A. G. Edwards & Sons, INC.Broker
State Registrations12 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.