Smit Desai
Smit Desai is a registered investment advisor at Richard Brothers, Financial Advisors, based in South Portland, ME, with 2 years of industry experience. Smit operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 160 clients with $150M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.85% |
| $1.0M - $2.0M | 1.65% |
| $2.0M - $3.0M | 1.40% |
| $3.0M - $4.0M | 1.25% |
| $4.0M - $6.0M | 1.00% |
| $6M+ | 0.75% |
Fees are negotiable.
Fee Estimator
Location
50 Donald B. Dean Drive, Suite One, South Portland, ME, 04106
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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 →Employment History
Current Registrations
Richard Brothers, Financial Advisors
Richard Brothers SecuritiesBroker
State Registrations1 state
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