Theodore Lum
Theodore Lum is a ChFC-designated registered investment advisor at Independent Financial Group, LLC, based in Alamo, CA, with 43 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 44,045 clients with $11B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
IFG offers investment management through various programs, including AccessPoint, Custom Asset Management, and Third Party Asset Managers. Fees are based on a percentage of the value of your account and are negotiable. Transaction charges may also apply. The maximum advisory fee is 3.00% per year. IFG and its IARs may receive additional compensation from product sponsors, which creates a conflict of interest.
Location
Alamo, CA
Get directionsHistory
Regulatory History (3)
Employment Separation After Allegations
July 2018Customer Dispute
February 2002Customer Dispute
September 2001Other Business ActivitiesSells Insurance
Theodore is an insurance agent offering various insurance products and the 100% owner of Lum Global Financial & Insurance Services DBA, which he uses for marketing purposes, dedicating full-time hours to it. He also owns 50% of rental real estate, spending minimal time on it.
Employment History
Current Registrations
Independent Financial Group, LLC
Independent Financial Group, LLCBroker
Previous Registrations
LPL Financial LLCBroker
LPL Financial LLC
Securities America Advisors, INC.
Securities America, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Walnut Street Securities, INC.Broker
Pruco Securities CorporationBroker
The Prudential Insurance Company of AmericaBroker
State Registrations7 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.