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Raed Mahmoud Rashid

Advisor at Wells Fargo Clearing — Pleasanton, TX

Updated today

Credentials

Series 66

Experience

26 years

Location

Pleasanton, TX 78064

Wells Fargo Clearing logo

Wells Fargo Clearing

Institution

Total advisors

14,116

Across 1,485 offices

Clients per advisor

92 Typical

Avg AUM per client

$475,575 High

HNW client ratio

50% Very High

About

Raed Rashid is a financial advisor at Wells Fargo Clearing with 26 years of industry experience. He holds a Series 66 designation and has been with Wells Fargo Clearing since 2016, following three years at Wells Fargo Advisors, LLC. Outside of advising, he co-owns a custom home building business, Rashid & Rayyan LLC. Wells Fargo Advisors is a national securities firm providing investment advisory services, financial planning, and retirement plan consulting to individual, corporate, and institutional clients. The firm manages approximately $671 billion in assets and offers both brokerage and advisory solutions.

Client services

Based on Wells Fargo Clearing

Financial planning Portfolio management Pension consulting Selection of other advisers
Investment consulting services to institutional clients

Occupation focus

Based on Wells Fargo Clearing

Retired Founder/Business Owner

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Fee options

Fixed

One-time service fees payable immediately after service; ongoing fees paid quarterly

Percentage

$0 - $1,000,000: 0.1% to 1.0% annually $1,000,000 - $5,000,000: 0.1% to 0.7% annually $5,000,000 - $10,000,000: 0.1% to 0.5% annually $10,000,000 - $25,000,000: 0.01% to 0.25% annually

Commissions

Brokerage transactions generate commissions; Financial Advisors receive a percentage of revenue from commissions

Other

Minimum fee: Minimum fees range from $500 to $5,000 depending on plan size Fee-only: Flat annual fees and percentage of assets fees available; fees are negotiable

Location

See office

Pleasanton, TX

425 W Oaklawn Rd

Pleasanton TX 78064

Advisors at this office

1

Most active in

Texas · Washington

Work history

26 years of industry experience

Wells Fargo Clearing

2016 - Present • 10 years

San Antonio, TX

Wells Fargo Advisors, LLc

2013 - 2016 • 3 years

San Antonio, TX

Citigroup Global Markets

2007 - 2013 • 6 years

Citicorp Investment Services

2001 - 2005 • 4 years

San Antonio, TX

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

user avatar

Odis W

Series 63, Series 66

Pleasanton, TX

LPL Financial

Odis White is a financial advisor at LPL Financial with 34 years of industry experience. He previously worked at Edward D. Jones & Co., L.P. for 33 years before joining Wells Fargo Advisors and subsequently LPL Financial. In addition to his advisory role, he operates a cow/calf farming business in Pleasanton, Texas. LPL Financial is a national broker-dealer and SEC-registered investment adviser that provides advisory and brokerage services through a large network of representatives. The firm offers a range of financial planning and portfolio management solutions to individuals, retirement plans, banks, trust companies, and other institutions.

Wealth management Retirement income strategy College savings (529s, UTMA, etc.) Tax-loss harvesting Annuities Retired Founder/Business Owner Executive

Joshua V

Series 66

Pleasanton, TX

Edward Jones

Joshua Verette is a financial advisor at Edward Jones with a Series 66 designation and one year of industry experience. Prior to joining Edward Jones, he worked for RDO Equipment Co. for nine years and Mustang Cat for three years. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients with a range of advisory programs, discretionary and non-discretionary strategies, and affiliated investment products. The firm manages approximately $1.01 trillion in assets and operates a nationwide network of more than 23,700 financial advisors.

College savings (529s, UTMA, etc.) Business ownership considerations Retirement income strategy Wealth management General estate planning guidance Founder/Business Owner
user avatar

William P

Series 65, Series 63

Pleasanton, TX

Edward Jones

William Prescott is a financial advisor at Edward Jones with seven years of industry experience. He holds Series 65 and Series 63 licenses. Prior to joining Edward Jones in 2019, he worked at Symmetry Financial Group and Harrison Walker Harper. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients. The firm manages approximately $1.01 trillion in assets and offers a range of advisory programs, including discretionary and non-discretionary wrap fee strategies, separately managed accounts, and affiliated mutual funds, operating under a fiduciary standard.

Wealth management Tax-loss harvesting Multi-generational wealth transfer Retired Founder/Business Owner Executive
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Lileana P

Series 66

Jourdanton, TX

J.P. Morgan Securities

Lileana Pena is a financial advisor with J.P. Morgan Securities holding a Series 66 designation and 18 years of industry experience. She previously worked at Merrill from 2005 to 2023 and has been with J.P. Morgan Securities since 2024. Outside of her advisory role, she is a licensed real estate agent affiliated with Rigel Realty LLC, assisting family and acquaintances with real estate transactions. J.P. Morgan Securities LLC provides investment consulting and advisory services primarily to institutional clients and retirement plan sponsors, combining quantitative asset-allocation modeling with centralized due diligence and an ESG eligibility framework to inform its recommendations.

Wealth management Executive Founder/Business Owner

Michele H

Series 66

Jourdanton, TX

Edward Jones

Michele Higginbotham is a financial advisor with Edward Jones in Jourdanton, TX, holding a Series 66 designation and bringing 15 years of industry experience. She has been with Edward Jones since 2011. Outside of her advisory role, she serves as an ASSE Area Representative for an international student exchange program and holds a leadership position as Secretary/Treasurer at a local ranching operation. Edward Jones is a full-service wealth management firm serving individual and institutional clients, offering a wide range of advisory programs and investment solutions supported by a large nationwide network of financial advisors and branch offices.

General estate planning guidance Multi-generational wealth transfer Retirement income strategy General retirement planning Wealth management Retired Founder/Business Owner Executive
user avatar

Amber M

Series 66

Pleasanton, TX

LPL Financial

Amber Mc Gehee is a Series 66-licensed financial advisor with 13 years of industry experience. She currently works at LPL Financial and has previously been employed at Wells Fargo Advisors and Edward Jones. LPL Financial is a national broker-dealer and SEC-registered investment adviser serving individuals, retirement plan participants, banks, trust companies, and institutions. The firm offers a range of advisory and brokerage services, including financial planning, model portfolios, and institutional platforms, supported by both proprietary research and third-party subadvisors.

Wealth management Retirement income strategy College savings (529s, UTMA, etc.) Tax-loss harvesting Annuities Retired Founder/Business Owner Executive
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