Richards, Merrill & Peterson, Inc.
- Regulatory AUM
- $644M
- Discretionary
- $550M
- Clients
- 1,277
- Avg AUM / client
- $504K
- Accounts
- 1,280
- Employees
- 10
AUM over time
Annual snapshots from Form ADV filings · as of Mar 10, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,094 | $202M | 31.4% |
| High net worth individuals | 176 | $345M | 53.5% |
| Pension and profit sharing plans | 7 | $72.3M | 11.2% |
| Charitable organizations | Fewer than 5 clients | $24.3M | 3.78% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Lee & Hayes 401(k) Plan Lee & Hayes, P.C. | 2024 |
People (10)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| John Scott Larson | President Coo & Co Cco | Jan 2010 (17y) | 25% – 50% | |
| Steven Richard Larson | Chairman Of The Board | Jan 2010 (17y) | 25% – 50% | |
| Monique Celeste Corigliano | Registered Representative | CFP | Mar 2011 (15y) | Less than 5% |
| Mcdonald, Thomas Lee | Executive Vice President Bd Co Cco | Jan 2022 (5y) | 10% – 25% | |
| Frederic A Lefriec | Registered representative | Oct 2017 (9y) | ||
| Mark J Calkins | Registered representative | Oct 2017 (9y) | ||
| Thomas Bruce Kendall | Registered representative | Oct 2017 (9y) | ||
| John Michael Larson | Registered representative | May 2022 (4y) | ||
| Charles David Cowgill | Registered representative | CFP | Feb 2024 (3y) | |
| Timothy Joel Williams | Registered representative | Apr 2026 (0y) |
Undisclosed: 0% – 40% 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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Lee & Hayes 401(k) Plan | Lee & Hayes, P.C. | 132 | $28.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/10/2026 | 1.28 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FIRM SOLD A MUNICIPAL BOND TO CUSTOMERS IN MULTIPLE TRANSACTIONS IN AMOUNTS BELOW THE BOND'S MINIMUM DENOMINATION. AS A RESULT, THE FIRM VIOLATED MSRB RULES G-15(F) AND G-17 Status: Final Sanction Detail: FINE AMOUNT OF $45,000 AGAINST FIRM WHICH WILL BE PAID DURING THE MONTH OF APRIL 2016. Summary: AWC ACCEPTED AND FINE WILL BE PAID IN FULL IN APRIL 2016
Allegations: TRANSACTING BUSINESS IN OREGON AS A BROKER-DEALER WITHOUT AN OREGON LICENSE; EMPLOYING A SALESPERSON TO ACT IN OREGON WITHOUT AN OREGON LICENSE Status: Final Sanction Detail: CIVIL PENALTY OF $12,500 AND INVESTIGATION COSTS OF $2,500 PAID IN FULL ON 3/19/16. Summary: REFERRAL FROM SECURITIES EXAMINER REGARDING VIOLATIONS OF ORS 59.165(1) AND ORS 59.165 (3). THIS MATTER RESOLVED BY CONSENT ORDER EXECUTED ON 3/10/16.
Allegations: TRANSACTING BUSINES IN TEXAS AS A BROKER DEALER WITHOUT A TEXAS LICENSE; EMPLOYING SALESPERSONS TO ACT IN TEXAS WITHOUT A TEXAS LICENSE Status: Final Sanction Detail: ASSESSED AN ADMINISTRATIVE FINE OF $30,000 PAID IN FULL 9/13/2016. Summary: REPRIMAND AND CONSENT ORDER ENTERED INTO 9/14/2016; RESOLUTION AND MONETARY FINE OF $30,000 PAID SAME DAY.
Allegations: CONDUCTING SECURITIES TRANSACTIONS AND PROVIDING FALSE AFFIDAVIT STATING WE HAD NOT ENGAGED IN BUSINESS IN THE STATE OF NEBRASKA Status: Final Sanction Detail: FIRM PAID A FINE OF $8500 FOR VIOLATION OF STATE OF NEBRASKA RULES GOVERNING BROKER DEALER REGISTRATION Summary: THE FIRM DID NOT SOLICIT BUSINESS IN THE STATE OF NEBRASKA PRIOR TO REGISTRATION. THREE (3) ACCOUNTS WERE RESIDENTS OF WASHINGTON WHEN THE ACCOUNTS WERE OPENED AND SUBSEQUENTLY MOVED TO NEBRASKA. ANOTHER ACCOUNT WAS OPENED AS A RESULT OF INHERITANCE FROM A RESIDENT OF WASHINGTON
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Wells Fargo $571M (89% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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 10, 2026.
View current Form ADV (SEC/IAPD) ↗