Richard Leon Vining
Financial advisor at Commonwealth Equity Services, LLC · East Lansing, MI
Last updated 2026-10-10
Claim your profileRichard Leon Vining is a financial advisor at Commonwealth Equity Services, LLC in East Lansing, MI, CRD 1379679. Licenses and exams on the registration: Series 65, Series 63. IAPD registration began 2011-01-05.
Registration
- CRD number
- 1379679
- Registration status
- Active
- IAPD registration
- 2011-01-05
- Industry Experience
- 15 years
- Work Experience
- 13 years
- States registered
- MI
Licenses and exams
- Series 65
- Series 63
Work history
- 2013-09 to 2017-11 · Swbc Investment Services, LLC · Lansing, MI
- 2018-01 to Present · V Financial Advisors, LLC · St. Johns, MI
- 2024-02 to Present · Commonwealth Financial Network · Waltham, MA
Current employment
- Commonwealth Financial Network · Waltham, MA
Commonwealth Equity Services, LLC
- Regulatory AUM
- $212,660,045,528
- Registered advisors
- 2,863
- Offices
- 1,929
- Clients per advisor
- 125.9 (High)
- Average AUM per client
- $589.9K (Low)
- High-net-worth client ratio
- 11.6% (Low)
Commonwealth Equity Services, LLC: advisors, services and reported ETF investments
About
Richard Leon Vining is a financial advisor at Commonwealth Financial Network, operating as Commonwealth Equity Services, LLC in East Lansing, MI. Reported securities licenses include Series 65 and Series 63. The latest record indicates 15 years of industry experience and 13 years of reported work history. Reported roles include V Financial Advisors, LLC, Swbc Investment Services, LLC.
SEC disclosures list additional business and community activities: 1: fixed-insurance sales and service.
Commonwealth Equity Services, LLC's firm-level Form ADV reports 2,863 advisors across 1,929 offices; approximately 125.9 clients per advisor, average assets per client of $589,923, and regulatory AUM of $212.7B; client categories including Individuals (non-HNW), High net worth individuals, Pension and profit-sharing plans, Charitable organizations, State or municipal government entities, Corporations or other businesses; services including Financial Planning Services, Portfolio Management: Individuals and Small Businesses, Portfolio Management: Businesses or Institutional Clients, Pension Consulting Services, Selection of Other Advisers.
PortfolioFuture's firm-level 13F analysis covers $49.8B across 1,673 reported ETF positions for the 2026-06-30 reporting period. These are firm-level disclosures, not investments attributed to Richard Leon Vining personally.
Reported ETF positions
Commonwealth Equity Services reports 1,673 ETF positions worth $49.8B on Form 13F; the largest are listed.
| Fund | Reported value |
|---|---|
| IVV — iShares Core S&P 500 ETF | $2B |
| QQQ — Invesco QQQ Trust, Series 1 | $1.2B |
| VEA — Vanguard FTSE Developed Markets ETF | $1.2B |
| SPY — SPDR S&P 500 ETF TRUST | $1.1B |
| VOO — Vanguard S&P 500 ETF | $903.5M |
Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
Noteworthy reported investments
Commonwealth Equity Services's strongest reported position on each research ranking. Institution-level evidence, not this advisor's or any client's holding.
| Ranking | Fund | Reported value | Percentile | Key figures |
|---|---|---|---|---|
| Similar Fund Ranking | CGDV — Capital Group Dividend Value ETF | $673.6M | Top 99.9% | Peer conviction 86.4% · Active return +5.44% |
| Addressable Market | DYNF — iShares U.S. Equity Factor Rotation Active ETF | $334.1M | Top 99.9% | Addressable AUM $14.9T · Peer conviction 86.8% |
| Residual Alpha | CORO — iShares International Country Rotation Active ETF | $98.6M | Top 99.8% | Residual alpha +5.96% · Residual Sharpe 0.24 |
| Diversification Benefits | TUSI — Touchstone Ultra Short Income ETF | $72.6M | Top 98.4% | Replicability (R²) 49.0% · Residual Sharpe 0.29 |
Historical comparisons from the published research release formed 2026-10-02; not forecasts or recommendations. Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
What this firm offers
Filed by Commonwealth Equity Services, LLC on Form ADV.
Client services
- Financial Planning Services
- Individuals and Small Businesses
- Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Other Advisers
- Publication of Periodicals or Newsletters
- Educational Seminars or Workshops
Fee options
- Percentage of Assets Under Management
- Hourly Charges
- Fixed Fees (Other Than Subscription)
- Commissions
Business and affiliations
- Broker-Dealer (Registered or Unregistered)
- Sells Non-Advisory Products or Services
- Broker-Dealer or Municipal Securities Dea
- Other Investment Adviser (Incl. Financial
- Banking or Thrift Institution
- Insurance Company or Agency
Location
333 Albert Ave, East Lansing, MI 48823
7 advisors at this office.
Contact
The firm's filed contact details.
Official record
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