Richards, Merrill & Peterson, Inc. is a large advisory firm based in Spokane. It manages $115.07 million of regulatory assets for 470 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Idaho, Texas, and Washington.
Richards, Merrill & Peterson provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Richards, Merrill & Peterson, Inc. is $115.07 million. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Richards, Merrill & Peterson, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Richards, Merrill & Peterson is individuals with 407 clients and $58.31 million of assets under management. Among the 5 most similar advisory firms, Richards, Merrill & Peterson has the 3rd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $90.51 million for 467 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Richards, Merrill & Peterson doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Richards, Merrill & Peterson, Inc. performs its advisory services is located at 422 West Riverside Ave, Spokane, WA 99201, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 509-624-3174 or by fax 509-455-6392. The normal business hours are 6:30a.m. to 4:00p.m. on Monday - Friday. You can find more information about the New York firm at rmpinvest.com.