Frank Tehel
Frank Tehel is a CFP-designated registered investment advisor at October Effect LTD., based in Virginia Beach, VA, with 44 years of industry experience. Frank operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 361 clients with $140M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25K | 0.70% |
| $25K - $100K | 0.70% |
| $100K - $500K | 0.70% |
| $500K - $800K | 0.70% |
| $800K - $1.0M | 0.70% |
| $1.0M - $1.5M | 0.70% |
| $1.5M - $2.1M | 0.70% |
| $2.1M+ | 0.50% |
Fees may be negotiable if the client is part of a group (four or more buying/investing units). In addition, October Effect Ltd. Offers the following portfolios to qualified investors: Portfolio Annual Fee Quarterly fee Performance fee Aggressive Derivative 0.70% 0.175% 20% when net return exceeds 30% Aggressive Income 0.50% 0.125% 5% when net return exceeds 12%
Fee Estimator
Location
One Columbus Center, Suite 651A, Virginia Beach, VA, 23462
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Regulatory 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 →Other Business ActivitiesSells Insurance
Frank is involved in several business activities, including insurance sales as a sole proprietor since 1982, tax preparation through Tehel and Company Inc. and Fastax Inc., network marketing with Young Living Essential Oils, personal investment through Foursome Lane LLC, and a holdings company called Magic Eight Seige LTD. The insurance sales and network marketing each take a few hours per week, while tax preparation with Tehel and Company Inc. takes about a quarter of Frank's time.
Employment History
Current Registrations
October Effect LTD.
Previous Registrations
Gradient Securities, LLCBroker
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
Lincoln National Pension Insurance CompanyBroker
Garco Equity Sales, INC.Broker
Prudential-Bache Securities INC.Broker
Voyager Securities, INC.Broker
Fsc Securities CorporationBroker
Westamerica Financial CorporationBroker
Anchor National Financial Services, INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.