Douglas Beck is a registered investment advisor at Osaic Wealth, INC., based in Forest Lake, MN, with 44 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
25 North Lake Street, Suite 310, Forest Lake, MN, 55025
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Douglas is the trustee of a family trust, owner of an automotive service and repair shop (run by his son), board member for an office building association, and owner of a commercial rental property. He also owns Five Star Financial Resources and Five Star Financial Resources of SW Florida, LLC, dedicating full-time hours to the former and about a third of his time to the latter for marketing financial services and business consulting/coaching, respectively.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Sagepoint Financial, INC.
Sagepoint Financial, INC.Broker
American General Securities IncorporatedBroker
Franklin Financial Services CorporationBroker
State Registrations51 states
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