Richard Smith
Richard Smith is a ChFC-designated registered investment advisor at LPL Financial LLC, based in San Antonio, TX, with 46 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
16170 Jones Maltsberger, Suite 101, San Antonio, TX, 78247
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Richard is involved in several outside business activities, including non-variable insurance sales since 2003, operating RWS Financial Services as a DBA for LPL business since 2006, and real estate rental through mcrs building LLC and JRS Properties LLC. He also works as a sales producer for Higginbotham insurance agency selling various insurance products about half his time, and is a partner/investor in My Windows and Sidings LLC, dedicating minimal time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Cigna Financial Advisors,inc.Broker
State Registrations5 states
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