Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ESI Financial Advisors uses asset-based pricing (ABP) for its Illuminations platform. The total Investor Fee includes a Program Fee (0.08% to 0.26%), an Advisory Fee (negotiable, ranging from 0% to 2.00%), and potentially a third-party manager's fee. The Program Fee is retained by EFA. The Advisory Fee is negotiable based on factors like complexity and responsibility. Fees are billed quarterly based on the average daily balance. Clients may incur additional charges such as dealer markups, foreign security costs, and fund expenses.
Areas of Practice
Advisor Information
Office location
354 Mountain View Dr., Suite 200, Colchester, VT, 05446
Get directionsRegulatory History (3)
Customer Dispute
June 2015Customer Dispute
July 2012Customer Dispute
October 2002Other Business ActivitiesSells Insurance
Alec is the principal/president of Beacon Wealth Strategies, LLC, dedicating about 10-20% of his time. He is also an insurance agent for NPA Financial and The Vermont Agency, spending a few hours per week at each. Additionally, Alec is a provider for Access CNY, offering mobility assistance for his stepsons, which is not investment-related and occurs outside of trading hours.