Richard Anderson
Richard Anderson is a registered investment advisor at Gradient Advisors, LLC, based in Shell Lake, WI, with 17 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 3,220 clients with $220M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Gradient Advisors uses third-party money managers to manage client accounts. The maximum annual fee Gradient Advisors will charge clients is 1.5% of the assets they manage. This fee is negotiable and depends on the money manager selected, the advisor providing services, and the value of the assets in the account. The fee is payable monthly, quarterly, or annually in advance or arrears based on the money manager. The investment management fees charged by the third-party managers are in addition to Gradient Advisors' fee.
Location
Shell Lake, WI
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Regulatory History (2)
Regulatory
January 2012Regulatory
August 2010Other Business ActivitiesSells Insurance
Richard is the president of Marketplace Financial Services, Inc., where he provides advisory and insurance services. He dedicates about 10-20% of his time to this activity, including time spent during trading hours.
Employment History
Current Registrations
Gradient Advisors, LLC
Previous Registrations
USA Financial Securities Corporation
State Registrations4 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.