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Richard Rappaport

37 Years of Experience
4 DisclosuresBroker

Richard Rappaport is a registered investment advisor at Westpark Capital, INC., based in Los Angeles, CA, with 37 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 234 clients with $48M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12 advisors
Number of Clients
234 clients
Average Client Portfolio
$203K average
Assets Under Management
$47.6M

Fee Structure

Investment management only (planning not offered)

WPC offers investment management through third-party money managers (TPMs). The annual asset-based fee can range from 0.25% to 2.75% of the assets managed. Fees may vary depending on the size of the account. The TPM's fees and billing schedule will be disclosed in their brochure. A percentage of the total fee is shared by the TPM, WPC, and your Investment Advisor Representative.

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Location

1800 Century Park East, Suite 220, Los Angeles, CA, 90067

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History

Regulatory History (4)
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.
Regulatory
November 2021
Final
Regulatory
October 2006
Final
Regulatory
January 2006
Final
Regulatory
November 2003
Final
Other Business Activities

Richard is a partner in JVRS Associates, working on their books a minimal amount of time. He also holds positions such as Director at Sketchers USA, Registered Agent/Manager at Century Acquisitions LLC, President/Mergers at AOTS-WRASP-SKRP, and Consultant at Star Wealth Advisors, dedicating varying amounts of time to each.

Employment History
Current Registrations
Westpark Capital, INC.
June 2023 - Present · 2 yrs 10 mos
Westpark Capital, INC.Broker
November 1999 - Present · 26 yrs 5 mos
Previous Registrations
Westpark Capital, INC.
January 2004 - December 2021 · 17 yrs 11 mos
Ebi Securities CorporationBroker
April 1998 - October 1999 · 1 yr 6 mos
Joseph Charles & Assoc., INC.Broker
March 1995 - June 1998 · 3 yrs 3 mos
H.J. Meyers & CO., INC.Broker
January 1989 - March 1995 · 6 yrs 2 mos
State Registrations2 states
CACO
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.