Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Fee Structure
Shearson Financial Services uses a wrap fee based on the size of your account. The annual fee is 0.55% for accounts between $25,000 and $250,000, 0.50% for accounts between $250,001 and $1 million, 0.45% for accounts between $1,000,001 and $2 million, 0.40% for accounts between $2,000,001 and $3 million, 0.30% for accounts between $3,000,001 and $5 million, and 0.20% for accounts between $5,000,001 and $10 million. Fees are negotiable for accounts over $10 million. The minimum quarterly fee ranges from $30 to $90 per account based on services selected. Fees are charged as a percentage of assets under management and billed quarterly in advance.
Areas of Practice
Advisor Information
Office location
221 Delta Court, Ste. 2, Tallahassee, FL, 32303
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.
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Richard is a managing partner of Red Hills Capital, a Florida RIA, dedicating nearly full-time hours to portfolio selection, performance analysis, and business operations. He is also a managing partner of Botfly Investments, LLC, investing in real estate and dedicating minimal time to this activity.