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Richard Deyoung

LPL Financial LLC
34 Years of Experience
The Woodlands, TX
3 DisclosuresBroker
View SEC Summary
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Richard Deyoung is a registered investment advisor at LPL Financial LLC, based in The Woodlands, TX, with 34 years of industry experience. Richard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

9595 Six Pines Dr Ste 6310, The Woodlands, TX, 77380

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2020
Denied
Customer Dispute
June 2017
Award / Judgment
Employment Separation After Allegations
May 2002
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Richard operates Highland Wealth Partners as a DBA for his LPL business. This activity, related to his investment business, takes nearly all of his time.

Employment History
Current Registrations
LPL Financial LLC
March 2022 - Present · 4 yrs 7 mos
LPL Financial LLC
March 2022 - Present · 4 yrs 7 mos
LPL Financial LLCBroker
March 2022 - Present · 4 yrs 7 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
November 2012 - March 2022 · 9 yrs 4 mos
Wells Fargo Clearing Services, LLCBroker
October 2012 - March 2022 · 9 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2009 - November 2012 · 3 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2009 - November 2012 · 3 yrs 1 mo
Banc of America Investment Services, INC.
January 2009 - October 2009 · 9 mos
Banc of America Investment Services, INC.Broker
January 2009 - October 2009 · 9 mos
LPL Financial Corporation
January 2003 - January 2009 · 6 yrs
LPL Financial CorporationBroker
May 2002 - January 2009 · 6 yrs 8 mos
UBS Painewebber INC.
September 2000 - May 2002 · 1 yr 8 mos
UBS Painewebber INC.Broker
August 2000 - May 2002 · 1 yr 9 mos
A. G. Edwards & Sons, INC.Broker
July 1995 - August 2000 · 5 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 1994 - August 1995 · 9 mos
Prudential Securities IncorporatedBroker
April 1992 - November 1994 · 2 yrs 7 mos
State Registrations23 states
AZCACODCFLGAIAILKSLAMDMINCNENYOHOKPASCTXVAWAWI
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.
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