Richard Pascuzzi
Richard Pascuzzi is a registered investment advisor at Prospera Financial Services, INC., based in Dallas, TX, with 45 years of industry experience. Their practice areas include Estate Planning, Retirement Planning. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospera Financial Services offers investment management through various programs. The fees are based on a percentage of your portfolio's value and are negotiable, but the maximum annual fee is 2.15%. The specific fee and services are agreed upon in an advisory agreement. Fees are typically deducted from your account. Some programs may have additional fees, such as transaction costs or sub-account fees. Prospera also participates in revenue sharing with custodians and other third parties, which creates a conflict of interest.
Location
5429 Lbj Freeway, Suite 750, Dallas, TX, 75240
Get directionsHistory
Regulatory History (24)
Customer Dispute
August 1994Customer Dispute
July 1994Customer Dispute
June 1994Customer Dispute
April 1994Customer Dispute
October 1993Customer Dispute
October 1993Customer Dispute
April 1993Customer Dispute
March 1993Customer Dispute
March 1993Customer Dispute
January 1993Customer Dispute
January 1993Customer Dispute
December 1992Customer Dispute
November 1992Employment Separation After Allegations
October 1992Customer Dispute
July 1992Customer Dispute
May 1992Customer Dispute
June 1991Customer Dispute
June 1991Customer Dispute
March 1991Customer Dispute
January 1991Customer Dispute
December 1990Customer Dispute
November 1990Regulatory
January 1990Customer Dispute
January 1990Other Business ActivitiesSells Insurance
Richard is a co-member of RDKI Enterprises, LLC, holding real estate, and a general partner of Pascuzzi Family LTD Partnership for estate purposes, spending minimal time on each. He is also President, Secretary, Director, and 33% owner of Prospera Life & Annuity Services, Inc., VP, Secretary, and 33% owner of PSE Investments, and VP, Secretary, and Director of Prospera Holdings, all conducted during market hours, as well as a trustee for an inherited trust, spending minimal time on it.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
PFS Asset Management, INC.
Prudential Securities IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Westamerica Financial CorporationBroker
State Registrations42 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.