Richard Mordesovich has been Managing Member/Chief Compliance Officer of Sonoma Private Wealth since March 2020, is a control person of the firm and directly owns 75% or more of it. Richard Mordesovich holds a Master of Business Administration from the University of Chicago Booth School of Business and a Bachelor of Arts from DePaul University.
Sonoma Private Wealth LLC is a Novato, CA firm with $158M under management, 85 clients and 3 advisers across 3 offices, as of its September 2026 filing.
Rick Mordesovich is CEO and Founder of Sonoma Private Wealth. He brings 30+ years of investment experience and is responsible for providing customized wealth management advice and solutions to individuals, families and family businesses. He helped build two previous investment advisory firms since 2008, and before that held leadership roles at Neuberger Berman, Bank of America and Merrill Lynch.
Richard Mordesovich’s longest registration was 9 years at Bakeravenue (2008–2018). Before joining Sonoma Private Wealth in 2020, Richard Mordesovich was registered through Silicon Private Wealth, LLC and Bakeravenue.
- Sonoma Private Wealth LLCCurrent– present · 6 yearsNovato, CA · Adviser representative · Firm CRD 308547
- Silicon Private Wealth, LLC– · 2 yearsSan Francisco, CA · Adviser representative · Firm CRD 284145
- Bakeravenue– · 9 yearsSan Francisco, CA · Adviser representative · Firm CRD 132657
- Neuberger Berman, LLC– · 2 yearsSan Francisco, CA · Adviser representative · Firm CRD 2908
- Banc of America Investment Services, Inc.– · 1 yearSan Francisco, CA · Adviser representative · Firm CRD 16361
- Banc of America Securities LLC– · under a yearSan Francisco, CA · Adviser representative · Firm CRD 26091
Professional designations
Listed by Sonoma Private Wealth
- Certified Investment Management Analyst (CIMA®)
Investment adviser representative registrations
Richard Mordesovich is registered as an investment adviser representative in 2 states, as a resident of Texas. The first approvals date from April 2020; the most recent is California, in May 2020.
- CaliforniaSince 14 May 2020
- TexasResidentSince 16 April 2020
Examinations
| Exam | Name | Passed |
|---|---|---|
| Series 65 | Uniform Investment Adviser Law Examination | 4 December 2000 |
| Series 3 | National Commodity Futures Examination | 18 November 1994 |
| Series 31 | Futures Managed Funds Examination | 2 July 1993 |
| Series 63 | Uniform Securities Agent State Law Examination | 28 May 1993 |
| Series 7 | General Securities Representative Examination | 20 May 1993 |
- Name
- Uniform Investment Adviser Law Examination
- Name
- National Commodity Futures Examination
- Name
- Futures Managed Funds Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- Full name
- Richard Charles Mordesovich
- CRD
- 2342709
- Firm
- Sonoma Private Wealth · CRD 308547
- Role
- Managing Member/Chief Compliance Officer
- Office
- 7049 REDWOOD BLVD., SUITE 205, Novato, CA 94945
- Registration
- Investment adviser registration
- In the industry since
- February 2004
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- sonomaprivatewealth.com
Where does Richard Mordesovich work?
Richard Mordesovich has been Managing Member/Chief Compliance Officer of Sonoma Private Wealth LLC since March 2020, and is a control person of the firm.
Is Richard Mordesovich a financial advisor?
Yes. Richard Mordesovich has a current investment-adviser registration in California and Texas, through Sonoma Private Wealth since April 2020.
How many years of experience does Richard Mordesovich have?
Richard Mordesovich has 22 years in the financial industry, since February 2004, across 6 adviser firms.
What exams has Richard Mordesovich passed?
Richard Mordesovich has passed 5 licensing exams: the Series 7, Series 63, Series 31, Series 3 and Series 65. The earliest, the Series 7, was passed in May 1993.
Where did Richard Mordesovich work before Sonoma Private Wealth?
Before Sonoma Private Wealth, Richard Mordesovich was registered through Bakeravenue, October 2008 to February 2018; Neuberger Berman, LLC, August 2005 to March 2008; Banc of America Investment Services, Inc., August 2003 to July 2005; Banc of America Securities LLC, June 2003 to August 2003.
Where is Richard Mordesovich based?
Richard Mordesovich’s registered office is in Novato, CA.
Is Richard Mordesovich registered with FINRA?
No. Richard Mordesovich has no current broker registration.
How can I verify Richard Mordesovich’s record?
Search CRD 2342709 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Richard Mordesovich’s full registration record.