Michael Richardson
Michael Richardson is a CFP-designated registered investment advisor at Private Client Services, LLC, based in New Albany, IN, with 21 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 8,765 clients with $1.4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1000K | 1.50% |
| $1M+ | 1.25% |
Fees may be negotiable. The Investment Model Marketplace provides access to portfolios managed by third party managers, with subscription fees ranging from 0.15% to 1.00% in addition to the IAR advisory fee.
Fee Estimator
Location
5150 Charlestown Road, New Albany, IN, 47150
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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 is on the board of directors for Rock Creek Community Academy and the athletic advisory board for Hanover College, and a board member for the Redevelopment Council. He is also an agent for Shepherd Financial - Insurance, a member of Shepherd Financial Holdings, LLC, an IAR for Shepherd Financial Investment Advisory, LLC, and an Executive Partner/President for Shepherd Financial, LLC, dedicating nearly full-time hours to the latter.
Employment History
Current Registrations
Private Client Services, LLCBroker
Shepherd Financial Investment Advisory LLC
Previous Registrations
Lincoln InvestmentBroker
Capital Analysts
Lincoln Investment
Spc
Parkland Securities, LLCBroker
Edward Jones
Edward JonesBroker
State Registrations13 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.
Exams
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