RS
RS

Ripsime Soulakhian

16 Years of Experience
Glendale, CA
BrokerSells Insurance

Ripsime Soulakhian is a registered investment advisor at State Farm Investment Management CORP., based in Glendale, CA, with 16 years of industry experience. Ripsime operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 3,575 clients with $13B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
6693 advisors
Number of Clients
3,575 clients
Average Client Portfolio
$3.6M average
Assets Under Management
$12.9B

Fee Structure

Minimum Investment:$15K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K1.25%
$100K - $500K1.00%
$500K - $1000K0.75%
$1M+0.50%

Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $45 (except as set forth below under “Fee Reductions”). For Accounts that qualify for a reduced Advisory Fee to the lowest Advisory Fee shown on the chart, such Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $18.75.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

621 E Glenoaks Blvd, Ste E, Glendale, CA, 91207

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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

Ripsime owns and works as an agent at Ripsime Soulakhian's Insurance Agency, an insurance agency affiliated with State Farm. This takes about half of Ripsime's time, where she services customers and supervises employees.

Employment History
Current Registrations
State Farm Investment Management CORP.
October 2021 - Present · 4 yrs 7 mos
State Farm Vp Management CORP.
October 2020 - Present · 5 yrs 7 mos
State Farm Vp Management CORP.Broker
October 2020 - Present · 5 yrs 7 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
May 2014 - March 2019 · 4 yrs 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2014 - March 2019 · 4 yrs 10 mos
J.P. Morgan Securities LLCBroker
October 2012 - April 2014 · 1 yr 6 mos
J.P. Morgan Securities LLC
October 2012 - April 2014 · 1 yr 6 mos
Chase Investment Services CORP.
March 2012 - October 2012 · 7 mos
Chase Investment Services CORP.Broker
August 2009 - October 2012 · 3 yrs 2 mos
New England SecuritiesBroker
June 2008 - September 2009 · 1 yr 3 mos
State Registrations4 states
AZCANVOR
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.
Ripsime Soulakhian - Financial Advisor | TrueAdvisor