Richard Wayne Schaeffer

Employer firm

Schaeffer Financial LLC CRD 133697

$258M regulatory AUM 247 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Selection of other advisers
• Educational seminars

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 03/1989 → 05/2025
  Grove Point Investments, Llc
  Rockville, MD
• 12/2004 → 05/2025
  Schaeffer Financial, Llc
  Rockville, MD
• 05/2025 → Present
  Lpl Financial Llc
  Rockville, MD

Previous Registrations

• 1992-02-14 → 2005-04-07
  Fsa Wealth Partners
  Rockville, MD

Other Businesses

1- 05/2025 - Schaeffer Financial - DBA for LPL Business (entity for LPL business)- Investment Related - At Reported Business Location(s) - Start Date 08/01/1994- 10 hours per month/ 8 hours during trading 2- 05/2025 - Schaeffer Financial - Registered Investment Advisor - IAR - Investment Related - At Reported Business Location(s) - Start Date 08/01/1994- 10 hours per month/ 8 hours during trading - I provide investment advisory services through Schaeffer Financial, an independent investment advisor firm. I started this business activity in 08/1994. I expect to spend approximately 10 hours per month on this activity. Please see the advisory firm's Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial.

Exams

• S65 Uniform Investment Adviser Law Examination
  1992-02-04
• S63 Uniform Securities Agent State Law Examination
  1983-12-13

Designations

• Certified Financial Planner