Richard Shu

Richard Shu (FINRA CRD# 4356690) is the founder, CEO and Chief Investment Officer of Remington Wealth Management, LLC, a small registered investment advisor based in Louisville, Kentucky. He has worked in financial services since 2001, when he passed the Series 66 (Uniform Combined State Law) exam on June 20, 2001. Public advisor records describe him as the firm's sole advisor, managing roughly $15.5 million in assets across approximately four client relationships, on a percentage-of-AUM fee model. His firm describes its core service simply as "portfolio management for individuals and/or small businesses."

His career path runs through several brokerage and advisory firms: Morgan Stanley (July 2001–September 2004), Fifth Third Securities (February 2005–January 2006), LPL Financial Corporation (January 2006–August 2010), and Purshe Kaplan Sterling Investments (October 2010–April 2012), alongside Remington Wealth Management, which his record shows he has been affiliated with since July 2008 (the firm is generally cited as founded in 2006). Profiles list a Master of Architecture (M.Arch.) from the University of Pennsylvania as his educational credential.

Important context: Richard Shu has a notable regulatory history. According to FINRA records and a 2013 Kentucky Department of Financial Institutions administrative action (case 13AH0198, "Remington Wealth Management, LLC and Richard Shu, Individually"), he failed to disclose on firm compliance questionnaires that he had accepted approximately $1.3 million in cash and securities from a customer and that he was the named beneficiary of that customer's IRA and annuity policies. A FINRA suspension was in effect from May 21, 2012 through January 20, 2013. Any founder or counterparty conducting diligence should review his current FINRA BrokerCheck record (CRD# 4356690) and the SEC IAPD firm record (firm CRD# 154598) directly.

The "Chief Investment Officer, Chief Executive Officer & Founding Member" / "Angel Investor" / "Seed Round" framing in the stub data appears to originate from startup-fundraising contact databases (Foundersuite, PitchBook, RocketReach) that scrape and re-label firms as "investors." Research found no evidence of actual seed-stage or angel startup investments by Richard Shu or Remington Wealth Management.

• Operates as a private wealth manager, not a venture/angel investor: the firm's own stated service is "portfolio management for individuals and/or small businesses."
• Client base is very concentrated — roughly $15.5M AUM across ~4 clients — consistent with a boutique, high-net-worth advisory practice rather than a fund deploying into startups.
• Compensated as a percentage of assets under management (a fee model, not a check-writing venture mandate).
• No publicly stated startup/seed thesis, target check size, or sector focus could be verified. The "Seed Round" and "Angel Investor" labels come from third-party aggregators and should be treated as unconfirmed.