Our Staff

Richard Paul Probst, CFP®

LPL Investment Advisor Representative

CERTIFIED FINANCIAL PLANNER® 

Richard is President and owner of Fountainhead Financial Management, Inc. He specializes in providing advice involving Financial and Investment Management; Retirement, Tax, and Estate Planning for retired and pre-retired individuals, as well as small business owners. Using an eighteen point "Menu of Services" as a checklist, he helps to ensure that each client has reviewed key issues in their Financial and Retirement plans throughout their relationship.

Richard is also an Investment Advisor Representative with LPL Financial through their Independent Advisory Services division.  His focus is managing investment assets on the LPL platform using "Active Risk Managed Models." 

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve,* supporting nearly 22,000 financial advisors, and approximately 800 institution-based investment programs and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Richard has over 35 years' experience in the financial planning and investment fields, joining LPL in 1989 to specialize in personal financial and investment planning, earning the CFP® certification in 1993. He holds a bachelor’s degree from Grand Valley State University and holds the series 7, 24, and 63 registrations through LPL Financial.  He also holds various insurance licenses in a number of states.  

Richard has taught professional continuing education programs, including programs for Certified Public Accountants. He has been a presenter at the Michigan Association of Certified Public Accountants CE program at Oakland University and has lectured for the International Association of Financial Planners Southeast Michigan Chapter. He has written articles published in the Detroit News, the Detroit Free Press and the Boston Globe as well as other Associated Press organizations. 

Richard is past president of the International Association of Financial Planning in Southeast Michigan (now the Financial Planning Association) where he served over six years on the Board of Directors.

In addition to numerous continuing education courses each year, Richard has been involved with several professional groups and forums whose objectives are to elevate and educate financial professionals in their knowledge of specialized areas of expertise.  

Richard lives in Northville with his wife, Tracy. They have two adult children who work in Grand Rapids. Both Rich and Tracy are “Foodies” and enjoy gourmet cooking with friends and family in their home. In the summer, they both enjoy playing golf and relaxing at their cottage in West Michigan.       

*No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine 1996-2023); No. 1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 Company as of June 2021. LPL and its affiliated companies provide financial services only from the United States.