Richard Feight is a CFP-designated registered investment advisor at Iam Financial, based in East Lansing, MI, with 16 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 23 clients with $41M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Fees are negotiable. There is a minimum annual fee of $15,000 for Wealth Management (which is $3,750, billed quarterly and in advance). The minimum level of advised-upon assets to qualify for the advisory fee schedule is $2,000,000.
Fee Estimator
Contact
Richard Feight
Location
East Lansing, MI
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Iam Financial
State Registrations1 state
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
Additional Information
Mr. Feight is a former National Board Member of the National Association of Personal Financial Advisors were he served as the membership director. He is a former committee member of the Small Business Association of Michigan's (SBAM) Strategic Communications Committee. SBAM is the largest small business association in the country. Mr. Feight is also a past President of the Financial Planning Association of Michigan (FPA®), one of the largest, most influential FPA chapters in the country, 75% of which are Certified Financial Planners® (CFP®'s). Mr. Feight obtained the CFP® at age 27 in 2001. At the time, fewer than 3% of the 55,000 CFPs were younger than age 30. In 2004 Mr. Feight joined NAPFA. Out of the 800,000 individuals in the country who claim they are financial advisors/planners, fewer than 4,000 in the country qualify for NAPFA membership. In 2011 Mr. Feight became an Enrolled Agent (EA) with the Internal Revenue Service, one of the few professional allowed to represent taxpayers before the IRS. Along with being interviewed and quoted in local and national media, Rich enjoys speaking about personal finance for industry and non-industry educational meetings alike.Rich views his role as a Fiduciary to his clients as the most important quality to any planning relationship and strives to place the interests of his clients above all others.A graduate of Michigan State University with a Finance degree, Rich enjoys running, reading, and spending time with his family.