RH
RH

Richard Hyman

7 Years of Experience
Long Island City, NY
Broker

Richard Hyman is a registered investment advisor at LPL Financial LLC, based in Long Island City, NY, with 7 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

37-16 30th Avenue, Long Island City, NY, 11103

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Richard operates Webster Investments as a DBA for his LPL business. This activity is investment-related and takes nearly full-time hours.

Employment History
Current Registrations
LPL Financial LLC
April 2024 - Present · 2 yrs 1 mo
LPL Financial LLCBroker
April 2024 - Present · 2 yrs 1 mo
Previous Registrations
Citigroup Global Markets INC.
October 2019 - May 2024 · 4 yrs 7 mos
Citigroup Global Markets INC.Broker
October 2019 - May 2024 · 4 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2018 - October 2019 · 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2018 - October 2019 · 1 yr 2 mos
State Registrations4 states
CTNJNYTX
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 Hyman - Financial Advisor | TrueAdvisor