Michael Richard
Michael Richard is a registered investment advisor at Bankers Life Advisory Services, INC., based in Sarasota, FL, with 11 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.
Location
301 N Cattleman Road Ste 106, Sarasota, FL, 34232
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2020Other Business ActivitiesSells Insurance
Michael is a Unit Field Trainer at Bankers Life & Casualty, recruiting and training insurance agents and enabling them to sell various insurance products. He also owns a rental property, Hillside Retirement Counseling, Inc. (for tax purposes), and is President of The Hillside Foundation, a non-profit organization.
Employment History
Current Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
Previous Registrations
Proequities, INC.Broker
State Registrations14 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.