Richard Schuette is a CFP-designated registered investment advisor at Avalan, LLC, based in Santa Barbara, CA, with 20 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 287 clients with $490M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Avalan, LLC's maximum annual fee for managing your investments is 2.0% of the value of your account. New clients as of January 1, 2020, pay a minimum annual management fee of $10,000, regardless of account balance. This minimum fee may be lower for some long-term clients. Fees are billed quarterly in advance, based on the value of your account on the last day of the previous quarter. Some clients are billed in arrears.
Location
233 E Carillo, Suite B, Santa Barbara, CA, 93101
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Richard is an insurance agent selling life and health insurance, dedicating minimal time to this activity. He is also the treasurer for a church endowment, and was previously president of Ensemble Theatre and a board member of the University Club of Santa Barbara.
Employment History
Current Registrations
Avalan, LLC
Previous Registrations
Vida Wealth Partners, INC.
Girard Securities, INC.
State Registrations2 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.