Richard Sunderland
Richard Sunderland is a registered investment advisor at Oakwood Capital, INC., based in St. Louis Park, MN, with 30 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 599 clients with $260M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Oakwood Capital charges a percentage of your portfolio's value annually for investment advisory and portfolio management services.
Non-Discretionary Investment Advisory Fees:
- $25,000 to $99,999: 2.00%
- Next $100,000 to $249,999: 1.90%
- Next $250,000 to $499,999: 1.80%
- Next $500,000 to $999,999: 1.60%
- Next $1,000,000 to $1,999,999: 1.40%
- Next $2,000,000 to $2,999,999: 1.20%
- Next $3,000,000 to $4,999,999: 1.00%
- Next $5,000,000 and above: 0.80%
Discretionary Oakwood Portfolio Management Fees:
- $25,000 to $249,999: 0.15%
- $250,000 to $499,999: 0.14%
- $500,000 to $999,999: 0.13%
- $1,000,000 to $1,999,999: 0.12%
- $2,000,000 and above: 0.10%
Fees can be negotiable or assessed at a flat rate at the Advisor's discretion.
Location
600 Highway 169 South, Suite 1410, St. Louis Park, MN, 55426
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
June 2012Other Business ActivitiesSells Insurance
Richard is the president and sole stockholder of Advisors Income Solutions, Inc., and sells fixed insurance and annuities through FMO's, dedicating about a quarter of his time. He is also a general partner of Delrick Enterprises Partnership and an investment advisor representative of Oakwood Capital, Inc., and an election judge for the City of Golden Valley.
Employment History
Current Registrations
Oakwood Capital Securities, INC.Broker
Oakwood Capital, INC.
Previous Registrations
Gardner Advisors INC.
Allied Beacon Wealth Management, LLC
Allied Beacon Partners, INC.Broker
Workman Securities Corporation
Workman Securities CorporationBroker
Ameritas Investment CORP.Broker
The Advisors Group, INC.Broker
Nylife Securities INC.Broker
State Registrations4 states
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.