Advisor at Davidson Wealth Management LLC
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Firm
Davidson Wealth Management LLC
Location
Forked River, NJ 08731
Credentials
Series 66
Industry experience
2 years
Richard Prozzo is a financial advisor with Davidson Wealth Management LLC in Forked River, NJ, holding a Series 66 designation and having two years of industry experience. His prior work includes roles at Osaic and various positions outside the financial industry, including education and municipal work. Davidson Wealth Management serves individual clients, retirement plans, trusts, and business entities by offering asset management, financial planning, and retirement plan consulting. The firm manages client accounts using risk-tolerance questionnaires, asset allocation tools, and model portfolios, providing both discretionary and non-discretionary portfolio management.
Based on Davidson Wealth Management LLC
Based on Davidson Wealth Management LLC
Financial planning fixed fees ranging from $1,000 to $10,000 based on complexity; half due at contract execution, balance upon plan presentation.
$0 - $499,999: 1.75% $500,000 - $999,999: 1.50% $1,000,000 - $2,999,999: 1.25% $3,000,000 - $4,999,999: 1.00% $5,000,000+: 0.75%
Commissions earned from insurance and securities sales outside advisory accounts; no commissions in advisory accounts.
$250 per hour for financial planning in special circumstances.
1041 West Lacey Road, 2 Nd Floor
Forked River, NJ 08731
New Jersey
Osaic
2022 - Present (4 years)
Davidson Wealth Management LLC
2022 - Present (4 years)
Unemployed
2021 - 2021 (1 year)
Saker ShopRite Inc.
2019 - 2019 (1 year)
University of Pittsburgh
2017 - 2021 (4 years)
Township of Seaside Park
2016 - 2018 (2 years)
Toms River Schools
2003 - 2017 (14 years)
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Series 63, Series 65
Toms River, NJ
Asset Management Services Group, Inc.
Series 63, Series 65
Forked River, NJ
The Faragi Group
CFP®, Series 63
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Next Generation Wealth Planning, LLC
Series 65
Bayville, NJ
QEX Asset Management LLC
Series 65
Toms River, NJ
Lease Investment Advisors
Series 66
Point Pleasant, NJ
Sea Change Financial Planning
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