Richard Romano is a registered investment advisor at Romano Wealth Management, based in Evanston, IL, with 62 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 969 clients with $1.5B 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 $500K | 1.00% |
| $500K - $1.0M | 0.75% |
| $1.0M - $5.0M | 0.65% |
| $5M+ | 0.60% |
Passively managed accounts are charged 0.75% on all assets. Actively managed accounts have a tiered fee schedule.
Fee Estimator
Location
1560 Sherman Avenue, Suite 1300, Evanston, IL, 60201
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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 Activities
Richard is a principal in Romano Ventures Partnership, formed in 2014, which invests in privately held startup companies. His time involvement is minimal and not during securities trading hours.
Employment History
Current Registrations
Romano Wealth Management
Romano Brothers and Company
Romano Brothers and CompanyBroker
State Registrations23 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.