Michael Richardt
Michael Richardt is a registered investment advisor at LPL Enterprise, LLC, based in Indianapolis, IN, with 18 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
8888 Keystone Crossing, Suite 500, Indianapolis, IN, 46240
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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 ActivitiesSells Insurance
Michael sells Medicare, dental, vision, and hearing insurance through United HealthCare, dedicating minimal time. He also offers whole life, disability, and health insurance through The Guardian Life Insurance Company.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Pruco Securities, LLC.Broker
Prudential Financial Planning Services
Asset Management Strategies, INC.
Allstate Financial Services, LLCBroker
Allstate Financial Advisors, LLC
Park Avenue Securities LLCBroker
Sheaff Brock Investment Advisors, LLC
Edward JonesBroker
Edward Jones
Planned Investment CO., INC.
Planned Investment CO., INC.Broker
Natcity Investments, INC.Broker
New England SecuritiesBroker
Charles Schwab & CO., INC.Broker
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.