Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2M+ | 0.80% |
Fee Estimator
Beacon Financial Strategies charges fees based on a percentage of assets under management, fixed fees, project-related fees, and hourly fees. The hourly fee rate is $400. For investment management, fees are 1.00% on the first $2,000,000 and 0.80% on amounts exceeding $2,000,000, with a minimum quarterly fee of $1,875. For net worth management, fees start at 1% and are tiered on asset levels exceeding $2 million, with a minimum quarterly fee of $2,500. Tax preparation fees are an add-on service for net worth management clients and depend on the complexity of the return.
Areas of Practice
Advisor Information
Office location
8401 Clarks Branch Drive, Raleigh, NC, 27613
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Nathan Ross HymillerRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Beacon Financial Strategies CORP.
Previous Registrations
Townsend Asset Management CORP.
State Registrations2 states
Exams
Additional Information
Chip is a principal of Beacon Financial Strategies and serves as the firm’s investment portfolio manager. He grew up in Franklinton, North Carolina, and received his business management degree from North Carolina State University. Chip also has a Masters in Business Administration from East Carolina University. In addition, Chip is a CERTIFIED FINANCIAL PLANNER™ practitioner.