Richard
Schannen

Goldman Sachs Ayco Personal Financial Management

CRD#3118300
Investment Advisor
in Dallas, TX

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About this Advisor

Richard Schannen is a financial advisor working out of Dallas, Texas who has 22 years of relevant experience. Schannen is an employee of Goldman Sachs Ayco Personal Financial Management. Over the course of their career, Schannen has held roles at Ayco/Goldman Sachs & Co. LLC and The Ayco Company, L.P./Mercer Allied. Schannen holds Series 63 and Series 65 licenses, which qualify them as both a securities agent and an investment advisor representative, and is approved to work in Texas. Goldman Sachs Ayco Personal Financial Management is an advisory company based in Cohoes, NY. The firm has offices in 23 locations and a total of 1,774 advisors. It oversees $29 billion in total assets among its 68,279 customer accounts, making it one of the biggest investment advisory firms in the country by assets under management. The firm serves 123 charities and foundations. Of its 68,279 customer accounts, 19% belong to high-net-worth investors who have greater than $1 million in investable assets. The firm provides a number of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, publication of newsletters and educational seminars. Fees charged by financial advisors usually are based on which services are offered. However, fees charged by Goldman Sachs Ayco Personal Financial Management can consist of some combination of asset-based, hourly and fixed fees.

Certifications and Registrations

Series 63, Series 65

Years Registered*

22 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Selection of other advisers, Publication of periodicals or newsletters, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges, Subscription Fees, Fixed Fees

Office Location

17950 Preston Road Suite 800
Dallas, TX 75252

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Goldman Sachs Ayco Personal Financial Management Brokerage Details

Total Assets Under Management

$28,618,921,599

TX Average: $7,464,549,021
Total Number of Employees

1,774

TX Average: 88
Total Number of Accounts

68,279

TX Average: 3,892
Average Account Size

$419,147

TX Average: $1,917,921

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Selection of other advisers
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

Richard Schannen Work History

Richard has been registered as a financial advisor for 22 years.*

2021 - Present (3 years)

Ayco/Goldman Sachs & Co. LLC

1998 - 2021 (23 years)

The Ayco Company, L.P./Mercer Allied

*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 Schannen 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 Goldman Sachs Ayco Personal Financial Management

Sean Smith
Cohoes, NY
Jennifer Robertson
Parsippany, NJ
Andrew Wood
Dallas, TX
Karen Hendrick
Deerfield, IL
Stephanie Conti
New York, NY
Kevin Wright
Parsippany, NJ
Andrew Armstrong
Saratoga Springs, NY
Banqi Yang
Newport Beach, CA

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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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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