Richard Cornfield
Richard Cornfield is a registered investment advisor at Diversified Financial Management Group, LLC, based in Burbank, CA, with 13 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, High Net Worth, and 3 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Diversified Financial Management Group recommends other investment advisory firms to manage client portfolios. Fees for these services vary depending on the firm selected.
ITS Asset Management charges up to 2% annually. Gradient Investments, LLC charges fees based on the investment strategy and the amount invested, with fees ranging from 0.80% to 2% annually. AE Wealth Management charges up to 2.9% annually. These fees are in addition to any custodial or transaction fees charged by the brokerage platform.
Location
3500 West Olive Avenue, Suite 300, Burbank, CA, 91505
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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
Richard sells insurance company products to address the financial needs of his clients. This activity is investment-related.
Employment History
Current Registrations
Diversified Financial Management Group, LLC
Previous Registrations
Diversified Financial Management Group, LLC
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.