Richard
Lam

Transamerica Financial Advisors, Inc

CRD#5798200
Investment Advisor
in Downers Grove, IL

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About this Advisor

Richard Lam is a financial advisor working in Downers Grove, Illinois with a total of 11 years of relevant experience. Lam is an advisor for Transamerica Financial Advisors, Inc. Their career trajectory has included roles at World Financial Group, Inc, Transamerica Financial Advisors, Inc, Brisk Engineering LLC and Brisk Engineering Group, LLC. Lam maintains Series 63 and Series 65 licenses, qualifying them as both a securities agent and an investment advisor representative, and is approved to serve investors in Illinois and Texas. Transamerica Financial Advisors, Inc is a financial advisory business that has its headquarters in Saint Petersburg, FL. It has offices in 286 locations and a total of 1,235 people on staff. It administers $2 billion in assets among its 59,659 client accounts, placing it among the largest investment advisory firms in the nation by assets under management. The firm provides services to 18 charities and foundations. Of its 59,659 accounts, just 2% belong to high-net-worth clients who have at least $1 million in assets. The firm provides a number of services, including portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers and educational seminars. Financial advisory fee schedules largely depend on which services the firm provides the client. However, fee types charged by Transamerica Financial Advisors, Inc typically consist of asset-based fees.

Certifications and Registrations

Series 63, Series 65

Years Registered*

11 years

Services Offered

Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Selection of other advisers, Educational seminars/workshops

Fee Structure

Percentage of Assets

Office Location

3051 Oak Grove Road Suite 105
Downers Grove, IL 60515

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Transamerica Financial Advisors, Inc Brokerage Details

Total Assets Under Management

$1,815,425,709

IL Average: $1,855,561,029
Total Number of Employees

1,235

IL Average: 62
Total Number of Accounts

59,659

IL Average: 2,474
Average Account Size

$30,430

IL Average: $750,025

Investment Advisory Services

  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Selection of other advisers
  • Educational seminars/workshops

Richard Lam Work History

Richard has been registered as a financial advisor for 11 years.*

2016 - Present (8 years)

Brisk Engineering Group, LLC

2012 - Present (12 years)

Transamerica Financial Advisors, Inc

2009 - Present (15 years)

World Financial Group, Inc

2013 - 2015 (2 years)

Brisk Engineering LLC

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Richard Lam to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Transamerica Financial Advisors, Inc

Weihua Wu
Irvine, CA
Brian Schiavo
Allentown, PA
Michael Burns
Braintree, MA
Patrick Dailey
Rancho Santa Margarita, CA
Cyler Sanderson
Draper, UT
Mark Frank
Englewood, CO
Edward Peterson
Plano, TX
Chad Tacia
San Antonio, TX

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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