Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Financial planning is billed at $200 per hour, but a supervisor can lower the rate. Managed account fees are based on a percentage of assets under management (see table). Fees for accounts holding CDs and certain fixed income will be determined on a case-by-case basis. Pension consulting fees have a maximum of 1.00%. If a sub-advisor is used, the maximum combined fee is 3%.
Areas of Practice
Advisor Information
Office location
7500 South County Line Rd., Burr Ridge, IL, 60527-6955
Get directionsRegulatory 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 an independent licensed insurance agent since 1991. He is also a Managing Member of LORIA Financial Group, LLC, supervising firm activities for about 10-20% of his time, and a Member of MPS LORIA Development, LLC, a commercial building company.