Midwestern Securities Trading Co.,llc
Assets Under Management
$1.6B
Number of Clients
10,329
Number of Advisors
46
Average Client AUM
$158K
AUM per Advisor
$35.4M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
Midwestern Securities Trading Company, LLC provides financial planning and account supervisory management services. Portfolio management is the firm’s primary advisory activity. They offer the Midwestern Securities Lighthouse Portfolios™, a discretionary model portfolio. The firm also provides 3(38) Investment Fiduciary services for ERISA Plans.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1000K | 1.30% |
| $1.0M - $5.0M | 1.05% |
| $5.0M - $10.0M | 0.85% |
| $10M+ | 0.55% |
Fee Estimator
Advisory fees are negotiable and may be higher or lower than the standard advisory fee, but will not exceed 2% annually. Financial planning is billed hourly at $300 per hour, but a minimum rate of $150/hour may be negotiated. The Midwestern Securities Beacon Portfolios have an annual fee of $40, billed quarterly in $10 increments, which may be waived if the client’s assets invested in Beacon Portfolio exceed $25,000. The firm charges a $50 annual fee on non-discretionary IRA accounts held at NFS.
Areas of Practice
Location
235 Everett St, East Peoria, IL, 61611