Richard Douma is a CFP-designated registered investment advisor at Endeavor Financial Advisors, LLC, based in Annapolis, MD, 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 Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 101 clients with $80M 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 | 1.30% |
| $250K - $500K | 0.95% |
| $500K - $750K | 0.90% |
| $750K - $1.0M | 0.85% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $5.0M | 0.75% |
| $5M+ | 0.70% |
Fees are negotiable within each tier on a client-by-client basis depending on the size, complexity, and nature of the assets managed.
Fee Estimator
Location
Annapolis, MD
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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 Activities
Richard is a part-owner of Fran's Inn, LLC, a neighborhood tavern, and spends about 10-20% of his time on administrative and financial matters. He also works as an IRS Enrolled Agent, assisting clients with tax returns for about 10-20% of his time.
Employment History
Current Registrations
Endeavor Financial Advisors, LLC
Previous Registrations
LPL Financial LLC
Metlife Securities INC.
State Registrations4 states
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