Steven Paul is a CFP-designated registered investment advisor at Richard W. Paul & Associates, LLC, based in Novi, MI, with 10 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 1,801 clients with $320M 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 | 1.50% |
| $1.0M - $3.0M | 1.35% |
| $3.0M - $5.0M | 1.15% |
| $5M+ | 1.15% |
Fees are negotiable for accounts over $5,000,000. The firm also offers a passive strategy with lower fees: 1.0% on the first $1M, 0.80% from $1M-$3M, 0.60% from $3M-$5M, and negotiable over $5M.
Fee Estimator
Location
39555 Orchard Hill Place, Suite 100, Novi, MI, 48375
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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 ActivitiesSells Insurance
Steven works as an insurance agent for Midwest Financial Consultants since 2010. This activity takes about a quarter of his time.
Employment History
Current Registrations
Richard W. Paul & Associates, LLC
State Registrations2 states
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