RP
RP

Richard Painter

19 Years of Experience
Spartanburg, SC
BrokerSells Insurance

Richard Painter is a registered investment advisor at LPL Financial LLC, based in Spartanburg, SC, with 19 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

390 E Henry St Ste 203, Spartanburg, SC, 29302

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Richard is involved in several business activities, including being a DBA for LPL business, a CPA partner, and co-owner of a real estate rental company and a clothing manufacturing company. He also owns residential property for missionary use and is involved in non-variable insurance through Elliott & Painter Wealthcare Advisors, LLC.

Employment History
Current Registrations
LPL Financial LLC
October 2019 - Present · 6 yrs 7 mos
LPL Financial LLCBroker
October 2019 - Present · 6 yrs 7 mos
Previous Registrations
1st Global Advisors INC
December 2006 - October 2019 · 12 yrs 10 mos
1st Global Capital CORP.Broker
November 2006 - October 2019 · 12 yrs 11 mos
State Registrations8 states
FLGAINNCNYSCWIWY
AdvisorBrokerBoth

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
No exam information available for this advisor.
Richard Painter - Financial Advisor | TrueAdvisor