Raymond Prospero
Raymond Prospero is a ChFC-designated registered investment advisor at Mariner Independent, based in Riverside, CA, with 15 years of industry experience. Raymond 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, and 1 more. Their firm serves 3,051 clients with $5.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mariner Platform Solutions charges an annual fee based on a percentage of your portfolio. This fee can range up to 2.50% per year, depending on the services provided and other factors. The firm may also apply a minimum fee. If you receive financial planning and consulting services in addition to investment advice, you may be subject to an additional fee. Fees are generally billed in advance on a quarterly basis. The management fee is negotiable.
Location
11801 Pierce Street, Ste. 200, Riverside, CA, 92505
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Regulatory History (3)
Regulatory
December 2019Regulatory
December 2012Regulatory
October 2011Other Business Activities
Raymond serves on the board of directors for Lifestream and Circle City Rotary. He also uses Prospero Wealth Management, LLC to receive 1099 income from Mariner Platform Solutions, dedicating minimal time to this activity.
Employment History
Current Registrations
Mariner Independent
Previous Registrations
Adviceperiod, LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations2 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.