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Aniruddha Ray

28 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
7 advisors
Number of Clients
109 clients
Average Client Portfolio
$583K average
Assets Under Management
$63.5M

Fee Structure

Hourly Rate:Up to $500/hr

The firm's only source of revenue is fees assessed to manage client assets. The annual fee for portfolio management is negotiable between the advisor and client, ranging between 0% and 2.5% of assets under management. Hourly billing is offered on a limited basis, not to exceed $500 per hour. Factors determining the fee structure include complexity of securities, number of meetings, travel required, time spent educating the investor, and research and planning. All client fees are negotiable and may vary. The Investment Advisor Representative or MDX Wealth can elect to waive a fee for an account in unique and special circumstances.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningHigh Net Worth
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Advisor Information

Office location

Henderson, NV

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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
May 2006
Settled
Customer Dispute
July 2003
Settled
Criminal
June 1989
Final Disposition
Other Business Activities

Aniruddha operates under the DBA Ray Financial Services since 2002. He also works as a producer/director/actor for RR Film Production, LLC, spending about 10-20% of his time on this activity.

Employment History
Current Registrations
Mdx Wealth Management
March 2016 - Present · 9 yrs 10 mos
Previous Registrations
LPL Financial LLC Broker
December 2002 - April 2016 · 13 yrs 4 mos
LPL Financial LLC
December 2002 - April 2016 · 13 yrs 4 mos
UBS Painewebber INC.
March 1998 - December 2002 · 4 yrs 9 mos
UBS Painewebber INC. Broker
October 1997 - December 2002 · 5 yrs 2 mos
State Registrations4 states
AZCANVTX
Advisor
Exams
No exam information available for this advisor.
Aniruddha Ray - Financial Advisor | AdvisorDiscover