RD
Firm Information
Compensation
Fee-Only (AUM)
Number of Advisors
14 advisors
Number of Clients
1,375 clients
Average Client Portfolio
$332K average
Assets Under Management
$456.9M
Fee Structure
Minimum Investment:$500
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1000K | 1.25% |
| $1.0M - $2.0M | 1.15% |
| $2.0M - $3.0M | 1.00% |
| $3.0M - $4.0M | 0.90% |
| $4.0M - $5.0M | 0.85% |
| $5.0M - $6.0M | 0.80% |
| $6.0M - $7.0M | 0.75% |
| $7.0M - $8.0M | 0.70% |
| $8.0M - $9.0M | 0.65% |
| $9.0M - $10.0M | 0.60% |
| $10.0M - $11.0M | 0.55% |
| $11.0M - $12.0M | 0.50% |
| $12.0M - $13.0M | 0.45% |
| $13.0M - $14.0M | 0.40% |
| $14.0M - $15.0M | 0.35% |
| $15M+ | 0.30% |
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Tactive charges an annual fee based on your portfolio size for the Advisor Advice package (see table above). The TRA package has an annual fee of 0.75%. Both packages require a minimum balance of $500. Fees are calculated and paid monthly in arrears, based on the average daily balance. Tactive may also charge an additional fixed fee for financial planning services.
Areas of Practice
Investment Management
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Advisor Information
Office location
Crossville, TN
Get directionsRegulatory History (1)
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Criminal
August 1985Final Disposition
Other Business ActivitiesSells Insurance
Richard is the owner of Argallus Financial Group, Inc. and an independent insurance agent, both since 2012 and 2014 respectively. He dedicates about half his time to the sale of fixed insurance products.
Employment History
Current Registrations
Tactive Advisors, LLC
October 2021 - Present · 4 yrs 3 mos
Previous Registrations
Capital Management Services, INC.
July 2021 - June 2022 · 11 mos
Camarda Wealth Advisory Group
April 2021 - July 2021 · 3 mos
Capital Management Services, INC.
June 2018 - March 2021 · 2 yrs 9 mos
Capital Management Services, INC.
April 2018 - April 2018 · 0 mos
Sgl Financial, LLC
May 2016 - March 2018 · 1 yr 10 mos
World Equity Group, INC.
May 2016 - May 2017 · 1 yr
World Equity Group, INC. Broker
April 2016 - May 2017 · 1 yr 1 mo
Voya Financial Advisors, INC.
November 2014 - April 2016 · 1 yr 5 mos
Voya Financial Advisors, INC. Broker
November 2014 - April 2016 · 1 yr 5 mos
Bright Owl Investment Advisors
July 2014 - July 2014 · 0 mos
Resource Horizons Group LLCBroker
November 2013 - September 2014 · 10 mos
Argallus Wealth Advisors, INC.
April 2013 - December 2014 · 1 yr 8 mos
Resource Horizons Investment Advisory, INC.
April 2012 - June 2013 · 1 yr 2 mos
Resource Horizons Group LLCBroker
March 2012 - June 2013 · 1 yr 3 mos
First Command Financial Planning, INC.
May 2011 - March 2012 · 10 mos
First Command Financial Planning, INC.Broker
May 2011 - March 2012 · 10 mos
State Registrations3 states
MOTNTX
Advisor
Exams
No exam information available for this advisor.