# Richard Brothers, Financial Advisors

Richard Brothers, Financial Advisors is a Bank / Wealth / Trust based in South Portland, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** South Portland, United States
- **Region:** North America
- **Address:** 50 Donald B. Dean Drive, Suite 1, South Portland, ME 04106, United States
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** richardbrothersfinancial.com
- **LinkedIn:** https://www.linkedin.com/company/richard-brothers-financial-advisors

## Regulatory record

- **CRD number:** 113826
- **SEC file number:** 801-122718
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/113826

## About

Randall and Neal Richard co-founded the firm in 1996 in South Portland, Maine, designing a practice that anchors on the fiduciary standard rather than brokerage convenience. The firm's own narrative emphasizes independence and a commitment to seeing a client's complete financial picture before any investment recommendation is made. This positions the advisors as planners first, asset allocators second. Richard Brothers deploys capital across three primary service lines: personal wealth management, portfolio and asset management, and employer-sponsored corporate retirement solutions. The portfolio-construction approach is described as dynamic, with the firm stating that market shifts and new opportunities can prompt changes to client allocations. While specific investment vehicles, asset-class weightings, or named holding examples are not publicly disclosed, the platform is built to serve a blend of individual, family, and small-business clients. The geographic footprint concentrates on the northern New England market, with operations based out of the single South Portland office. The team size and total assets under advisement are not reported. The firm maintains a single physical location at 50 Donald B. Dean Drive in South Portland and does not identity adjacent philanthropic entities, operating companies, or external club affiliations. No dated operational event — such as a new fund, key hire, or office opening — has been verifiable from the public record over the last 24 months. Richard Brothers' structural distinction lies in its identity as a registered investment adviser that explicitly avoids the brokerage and wirehouse framework. By adopting an independent fiduciary posture, the firm legally obligates itself to place client interests ahead of product sales or proprietary fund distribution. In an industry where many Maine-based wealth managers operate under broker-dealer umbrellas, that legal and operational choice remains its clearest differentiator.

## People

- Randall Richard — Co-founder
- Neal Richard — Co-founder

## Questions

### How does Richard Brothers structure its client relationships?

The firm operates as a registered investment adviser under a fiduciary standard, meaning it is legally required to place client interests first. It emphasizes whole-picture financial planning that considers a household's full circumstances before constructing an investment portfolio. This model stands apart from broker-dealer relationships where the advisory standard can be a lower suitability bar.

### Does the firm offer employer-sponsored retirement plans?

Yes. Corporate Solutions is one of three stated service pillars, alongside personal wealth management and portfolio and asset management. The firm markets these retirement programs as tools for local businesses to attract and retain talent, though it does not publish plan assets or client counts.

### What asset classes does Richard Brothers invest in?

The firm does not publish a specific list of asset classes or a model portfolio. Its public disclosure describes portfolio management as an ongoing process that adapts to market conditions and changing opportunities, but without naming equities, fixed income, or alternatives explicitly.

## Related profiles

- [Rice Park Capital](https://altss.com/profile/rice-park-capital)
- [Richard P. Slaughter Associates](https://altss.com/profile/richard-p-slaughter-associates)

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Last updated: 2026-06-03T20:00:00.000Z

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