Richard W. Paul & Associates, Llc
- Regulatory AUM
- $373M
- Discretionary
- $373M
- Clients
- 674
- Avg AUM / client
- $553K
- Accounts
- 1,755
- Employees
- 8
AUM over time
Annual snapshots from Form ADV filings · as of Mar 25, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 325 | $60.2M | 16.1% |
| High net worth individuals | 348 | $312M | 83.8% |
| Charitable organizations | 1 | $364K | 0.1% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Richard William Paul | Managing Member | CFP | Apr 2011 (15y) | 75% or more |
| Matthew Michael Paul | Chief Compliance Officer | CFP | Sep 2014 (12y) | Less than 5% |
| Steven Richard Paul | Registered representative | CFP | Oct 2015 (11y) | |
| Matthew Brian Dombrowski | Registered representative | CFP | Mar 2018 (8y) | |
| Bepin Serraj | Registered representative | Jun 2018 (8y) | ||
| Brendan Edward Best | Registered representative | Sep 2023 (3y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/25/2026 | 1.19 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: INVESTMENT ADVISER REGISTRATION REVOKED FOR FAILURE TO FILE RENEWAL REQUIREMENTS AND FEES. Status: Final Sanction Detail: NOT PROVIDED Summary: I ALLOWED MY REGISTRATION TO LAPSE BECAUSE I DID NOT ANTICIPATE DOING FURTHER INVESTMENT ADVISER BUSINESS IN MICHIGAN. I AM NOT UNDER ANY TYPE OF DISCIPLINARY REVIEW IN MICHIGAN OR OTHER JURISDICTION.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Other fees
- • REFERRAL FEES
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Institutional Wealth Services $369M (99% of AUM) Mar 2026
- Charles Schwab & Co. $2.0M (1% of AUM) Oct 2019
- Community National Bank $534K (0% of AUM) Feb 2024
- Assetmark Trust Company $241K (0% of AUM) Feb 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2026.
View current Form ADV (SEC/IAPD) ↗