RS
RS

Richard Salinas

13 Years of Experience
Edinburg, TX
1 DisclosureBrokerSells Insurance

Richard Salinas is a registered investment advisor at Cetera Investment Advisers LLC, based in Edinburg, TX, with 13 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10345 advisors
IM Fee
Planning only
Assets Under Management
$163.8B
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Location

5309 S Mccoll Rd, Edinburg, TX, 78539

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History

Regulatory History (1)
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Customer Dispute
March 2024
Settled
Other Business ActivitiesSells Insurance

Richard owns LRS Investment Services LLC and L/S Financial Advisors LLC, through which he provides investment advice and financial products, dedicating nearly full-time hours to these activities. He also sells equity indexed annuities and insurance products through Avantax Insurance Agency, and owns LRS Property Rental LLC.

Employment History
Current Registrations
Cetera Wealth Services, LLCBroker
September 2025 - Present · 10 mos
Cetera Investment Advisers LLC
September 2025 - Present · 10 mos
Previous Registrations
Avantax Investment Services, INC.Broker
September 2021 - September 2025 · 4 yrs
Avantax Advisory Services
September 2021 - September 2025 · 4 yrs
PNC Investments
August 2021 - September 2021 · 1 mo
PNC InvestmentsBroker
August 2021 - September 2021 · 1 mo
PNC Managed Account Solutions, INC.
December 2016 - August 2021 · 4 yrs 8 mos
Bbva Securities INC.Broker
February 2015 - August 2021 · 6 yrs 6 mos
J.P. Morgan Securities LLCBroker
October 2012 - January 2015 · 2 yrs 3 mos
Chase Investment Services CORP.Broker
May 2012 - October 2012 · 5 mos
State Registrations5 states
AZCACOMNTX
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.
Richard Salinas - Financial Advisor | TrueAdvisor