Richard Martin is a CFP-designated registered investment advisor at Spc, based in Fridley, MN, with 6 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
7362 University Ave, Suite 202, Fridley, MN, 55432
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard operates under the DBA Financial LifeLab, Inc. offering financial services, dedicating nearly full-time hours to this endeavor. He is also an Investment Advisor Representative with Sigma Planning Corporation and provides notary services on an as-needed basis, and is a salaried employee of Financial LifeLab, Inc. dedicating about a quarter of his time.
Employment History
Current Registrations
Parkland Securities, LLCBroker
Spc
Previous Registrations
American Funds Distributors, INC.
American Funds Distributors, INC.Broker
USAA Financial Advisors, INC.Broker
USAA Investment Management Company
Edward Jones
Edward JonesBroker
State Registrations4 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.