# Richardson Capital Management, LLC

> Richardson Capital Management, LLC is an SEC-registered investment advisory firm in Menomonee Falls, WI, registered since 2004, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 17, 2026.

- CRD: 130985
- Filed as: RICHARDSON CAPITAL MANAGEMENT, LLC
- Also doing business as: RICHARDSON FINANCIAL GROUP, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Menomonee Falls, WI
- Filing period: October 2026
- Form ADV filing dated: August 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/130985
- AdvisorCensus page: https://advisorcensus.com/firm/richardson-capital-management-llc-menomonee-falls-wi-130985

## Quick answers

**How is Richardson Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Richardson Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Richardson Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated August 17, 2026 states: Flat fee: $2,500 (investment portfolio analysis and advice); Hourly rate: $350 an hour (investment portfolio analysis and advice); Hourly rate: $675 an hour (consulting services related to financial, tax, insurance, and estate…). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Richardson Capital Management, LLC located?**
Richardson Capital Management, LLC's principal office is in Menomonee Falls, WI, according to its Form ADV.

**Is Richardson Capital Management, LLC registered with the SEC or a state?**
Richardson Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 130985.

**How much does Richardson Capital Management, LLC manage?**
Richardson Capital Management, LLC reports $582,209,509 in regulatory assets under management in its Form ADV filing dated August 17, 2026 (77% discretionary).

**How have Richardson Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Richardson Capital Management, LLC: Regulatory assets under management: $365,642,931 in the October 2021 data and $582,209,509 in the October 2026 data, up 59%. Total employees: 6 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Richardson Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (153); individuals (other than high net worth individuals) (108); charitable organizations (1).

**Which custodians does Richardson Capital Management, LLC use?**
Richardson Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Richardson Capital Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/130985

**What changed in Richardson Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $526,467,728 to $582,209,509 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated August 17, 2026)

- Flat fee: $2,500 (investment portfolio analysis and advice)

> Registrant’s investment portfolio analysis and advice fees are negotiable, but generally are $2,500 on a fixed fee basis and $350 on an hourly rate basis.

- Hourly rate: $350 an hour (investment portfolio analysis and advice)

> Registrant’s investment portfolio analysis and advice fees are negotiable, but generally are $2,500 on a fixed fee basis and $350 on an hourly rate basis.

- Hourly rate: $675 an hour (consulting services related to financial, tax, insurance, and estate…)

> If a fixed fee client chooses to terminate an analysis before its full completion, he/she/it will be charged on an hourly basis up to $675 per hour for work already completed.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $582,209,509
- Discretionary: $447,498,364
- Non-discretionary: $134,711,145

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 108 | $48,121,487 |
| High net worth individuals | 153 | $533,536,040 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 1 | $551,982 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2004 (22 years)
- Employees: 9 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, LA, MN, NE, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- richardson-financial.com
- Facebook @richardsonfinancial
- LinkedIn @richardson-financial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $365,642,931 | 6 | September 15, 2021 |
| October 2022 | $417,016,513 | 6 | March 17, 2022 |
| October 2023 | $402,984,186 | 6 | March 23, 2023 |
| October 2024 | $445,461,076 | 7 | June 19, 2024 |
| October 2025 | $526,467,728 | 8 | March 24, 2025 |
| October 2026 | $582,209,509 | 9 | August 17, 2026 |

Regulatory assets under management: $365,642,931 in the October 2021 data and $582,209,509 in the October 2026 data, up 59%.
Total employees: 6 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $526,467,728 to $582,209,509 (+11%).

### December 2025
- Added the business name Richardson Financial Group, Inc..
- Registered or notice-filed in MN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Richardson Capital Management, LLC (CRD 130985): Form ADV filing data as of October 2026.