Richard Faw is a CFA, CFP-designated registered investment advisor at Vernal Point Advisors, LLC, based in Philadelphia, PA, with 14 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 1 more. Their firm serves 30 clients with $2.7B 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 $5.0M | 0.90% |
| $5.0M - $10.0M | 0.80% |
| $10.0M - $20.0M | 0.70% |
| $20.0M - $40.0M | 0.60% |
| $40M+ | 0.60% |
Fees negotiable above $40 million.
Fee Estimator
Contact
Richard Faw
Location
325 Chestnut Street, Suite 800, Philadelphia, PA, 19106
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 Activities
Richard serves as the director of quantitative research for Vernal Point Advisors, advising them on portfolio strategy and financial modeling. He provides recommendations to Vernal Point Advisors' clients.
Employment History
Current Registrations
Vernal Point Advisors, LLC
Setarcos Wealth Advisors LLC
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.