BM
BM

Bobb Meckenstock

43 Years of Experience
Hays, KS
3 DisclosuresBrokerSells Insurance

Bobb Meckenstock is a registered investment advisor at Nwf Advisory Services INC, based in Hays, KS, with 43 years of industry experience. Bobb is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 11,433 clients with $6.4B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
108 advisors
Number of Clients
11,433 clients
Average Client Portfolio
$562K average
Assets Under Management
$6.4B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K2.10%
$100K - $250K2.10%
$250K - $500K1.88%
$500K - $750K1.65%
$750K - $1.2M1.43%
$1.3M - $2.0M1.20%
$2.0M - $5.0M0.97%
$5.0M - $25.0M1.00%
$25M+0.78%

Fees are negotiable. Different programs such as Model Portfolios and WMAP charge a maximum fee of 1.50% up to $25,000,000 and 1.00% above that.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...

Location

1407 MAIN ST. Suite B, Hays, KS, 67601

Get directions

History

Regulatory History (3)
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.
Customer Dispute
June 2024
Settled
Regulatory
August 2010
Final
Regulatory
April 2007
Final
Other Business ActivitiesSells Insurance

Bobb is a member of the Million Dollar Round Table and CEO of The Meckenstock Group, Inc., which markets life insurance and fixed-rate annuities, taking about half of his time. He also manages personal real estate/oil well investments through MAKKO Holdings LTD and provides wealth management services through The Ameriflex Group.

Employment History
Current Registrations
Nwf Advisory Services INC
May 2025 - Present · 1 yr 5 mos
Osaic Wealth, INC.
October 2023 - Present · 3 yrs
Osaic Wealth, INC.Broker
October 2023 - Present · 3 yrs
Previous Registrations
The Ameriflex Group
October 2023 - July 2025 · 1 yr 9 mos
Independent Financial Group, LLCBroker
July 2010 - October 2023 · 13 yrs 3 mos
Independent Financial Group, LLC
July 2010 - October 2023 · 13 yrs 3 mos
National Planning CorporationBroker
November 2009 - July 2010 · 8 mos
Main Street Securities, LLCBroker
September 1999 - December 2009 · 10 yrs 3 mos
Main Street Advisors, LLC
January 1999 - April 2024 · 25 yrs 3 mos
Professional Investment Services, INC.Broker
August 1986 - September 1999 · 13 yrs 1 mo
Wall Street West, INC.Broker
March 1984 - April 1984 · 1 mo
Firm One Securities, IncorporatedBroker
February 1984 - August 1986 · 2 yrs 6 mos
Aetna Life Insurance and Annuity CompanyBroker
June 1983 - October 1987 · 4 yrs 4 mos
State Registrations32 states
ARAZCACOFLGAIAIDILINKSMDMIMNMONCNDNENVNYOHOKORPASDTNTXUTVAWAWIWY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
More Advisors