Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
4 advisors
Number of Clients
4,663 clients
Average Client Portfolio
$3.1M average
Assets Under Management
$14.5B

Fee Structure

Financial Planning:Investment management only

Fees for investment advisory services vary based on the services provided and are typically a percentage of plan assets. The standard fee schedules are listed, but lower fees may be negotiated based on factors like asset size and complexity. A minimum annual fee up to $2,000 can be assessed, which are paid to ERS by the Plan Sponsor. These fees do not include charges associated with securities transactions or fees charged by the Plan’s Advisor and Recordkeeper.

Areas of Practice
Retirement Planning
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Advisor Information

Office location

150 North Riverside Plaza , Suite 2050, Chicago, IL, 60606

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Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Envestnet Retirement Solutions, LLC
August 2023 - Present · 2 yrs 5 mos
Previous Registrations
RBC Capital Markets, LLC
June 2010 - July 2012 · 2 yrs 1 mo
RBC Dain Rauscher INC.
April 2005 - May 2006 · 1 yr 1 mo
State Registrations2 states
ILMN
Advisor
Exams
No exam information available for this advisor.
Erik Robert Preus - Financial Advisor | AdvisorDiscover