Richard has spent the majority of his 30 plus years in the financial services industry in executive leadership positions. Richard’s career includes serving as Co-President of Portfolio Management Consultants (PMC). PMC is the investment consulting and management division of Envestnet Asset Management, an organization with over $5 trillion in assets under management and administration. Richard spent much of his career as President of Rittenhouse Financial Services, Inc., headquartered in Radnor, PA. Rittenhouse was acquired by Nuveen Investments and after the acquisition, he became President of the Separate Accounts division for Nuveen. Richard led the Nuveen business for 6 years and had over $30 billion under management.
He was a founding Governor of the Money Management Institute in Washington, D.C., and has been a director on several boards, including Gain Capital in Bedminster, NJ and the Philadelphia Depository Trust Company, a subsidiary of the Philadelphia Stock Exchange. His career also includes military service as an officer and paratrooper with the U.S. Army’s 82nd Airborne Division and the Pennsylvania Army National Guard. He has his FINRA series 7, 24, 63 and 65 securities licenses. He is also an FAA certified instrument rated private pilot. Richard has been married for 26 years to his wife, Lisa and resides in Newport Beach, CA. They have two adult children, Richard Jr. and Paige