RL

Robert J Lewis

29 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
18 advisors
Number of Clients
860 clients
Average Client Portfolio
$579K average
Assets Under Management
$497.8M

Fee Structure

Minimum Investment:$500K
Financial Plan Fee:From $5,000
Hourly Rate:Up to $250/hr

Nepsis charges a maximum annual advisory fee of 2.50% of assets under management, billed quarterly in advance. This fee is negotiable. An additional asset-based pricing (ABP) fee is charged in lieu of standard ticket charges: 0.20% on the first $75,000, 0.12% from $75,001 to $2,000,000, and 0.08% above $2,000,001. There is also a quarterly performance reporting/account maintenance fee of $21.25 per account. Financial planning and consulting are offered at an hourly rate of $250 or a fixed fee ranging from $5,000 and up, depending on complexity. A minimum of $500,000 is required to open and maintain an advisory account.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningEducation PlanningHigh Net Worth
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Advisor Information

Office location

Two Meridian Crossings, Suite 400, Minneapolis, MN, 55423

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Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
March 2012
Customer Dispute
January 2012
Denied
Other Business ActivitiesSells Insurance

Robert receives residual insurance renewal commissions since 1998. This activity requires minimal time.

Employment History
Current Registrations
Nepsis, INC.
September 2018 - Present · 7 yrs 4 mos
Previous Registrations
BMO Harris Financial Advisors, INC.Broker
August 2012 - June 2018 · 5 yrs 10 mos
BMO Harris Financial Advisors, INC
August 2012 - June 2018 · 5 yrs 10 mos
M&i Financial Advisors, INCBroker
June 2012 - August 2012 · 2 mos
M&i Financial Advisors, INC.
June 2012 - August 2012 · 2 mos
U.S. Bancorp Investments, INC.
November 2009 - June 2012 · 2 yrs 7 mos
U.S. Bancorp Investments, INC. Broker
November 2009 - June 2012 · 2 yrs 7 mos
Wells Fargo Investments, LLC
August 2006 - July 2009 · 2 yrs 11 mos
Wells Fargo Investments, LLCBroker
July 2006 - July 2009 · 3 yrs
Hartford Equity Sales Company INC.Broker
September 2002 - August 2006 · 3 yrs 11 mos
Raymond James Financial Services, INC.Broker
May 1998 - July 2002 · 4 yrs 2 mos
Investment Management & Research, INCBroker
November 1995 - March 1998 · 2 yrs 4 mos
State Registrations1 state
MN
Advisor
Exams
No exam information available for this advisor.
Robert J Lewis - Financial Advisor | AdvisorDiscover