Firm Information

Compensation
Fee-Only (AUM)
Number of Advisors
38 advisors
Number of Clients
221 clients
Average Client Portfolio
$845K average
Assets Under Management
$186.8M

Fee Structure

Minimum Investment:$50K
Hourly Rate:$300/hr

HJSCM charges an advisory fee based on assets under management, billed quarterly in advance unless billing in arrears is selected. The MPP has a minimum account balance of $50,000, but this may be waived. Fees are negotiable and typically range from 1.25% to 2.50% annually. Envestnet charges a $25 flat annual operational fee. Financial planning reports and analyses are billed at $300/hour with a 5-hour minimum, but this fee may be waived.

Areas of Practice
Investment ManagementRetirement PlanningEstate PlanningHigh Net Worth
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Advisor Information

Office location

2700 N Military Trail Suite 400, Boca Raton, FL, 33431

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Regulatory History (18)
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.
Regulatory
February 2024
Final
Customer Dispute
December 2019
Settled
Customer Dispute
July 2019
Settled
Customer Dispute
May 2019
Settled
Customer Dispute
April 2019
Settled
Customer Dispute
March 2019
Settled
Customer Dispute
March 2019
Settled
Customer Dispute
August 2018
Settled
Customer Dispute
June 2018
Settled
Customer Dispute
February 2018
Settled
Customer Dispute
December 2017
Settled
Customer Dispute
May 2017
Settled
Customer Dispute
May 2016
Settled
Customer Dispute
October 2015
Settled
Customer Dispute
September 2015
Settled
Customer Dispute
October 2014
Settled
Customer Dispute
October 2014
Settled
Customer Dispute
July 2014
Settled
Other Business Activities

Karen is an investment adviser representative of HJ Sims Capital Management, dedicating approximately 80% of her time to this role. The filing does not mention any other business activities.

Employment History
Current Registrations
Herbert J. Sims Capital Management, INC.
October 2023 - Present · 2 yrs 3 mos
Herbert J. Sims & Co, INC.Broker
September 2023 - Present · 2 yrs 4 mos
Previous Registrations
UBS Financial Services INC.
April 2016 - October 2023 · 7 yrs 6 mos
UBS Financial Services INC. Broker
January 2006 - October 2023 · 17 yrs 9 mos
UBS Financial Services Incorporated of Puerto RicoBroker
January 2006 - October 2021 · 15 yrs 9 mos
State Registrations10 states
CAFLGAIDMINJPAPRSDTX
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Karen Degro - Financial Advisor | AdvisorDiscover