Lee Scharenberg
Lee Scharenberg is a registered investment advisor at Osaic Advisory Services, LLC, based in Coeur d'Alene, ID, with 42 years of industry experience. Lee operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 28,410 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Advisors offers investment management through several programs:
- Ally Account: Fees are negotiable, with a maximum annual fee of 2.50%. Transaction charges apply.
- Counsel Account: Fees are negotiable, with a maximum annual fee of 2.50%. This is a wrap account, so the fee covers both advice and transactions.
- Partner Program: Access to third-party managers with varying fees. Osaic either receives a portion of the fee or charges a separate consulting fee.
- Plan Participant Retirement Program: Maximum 3% annual fee, either fixed or tiered, based on assets in your retirement plan account.
Location
2658 E Gunnison PL, Coeur d'Alene, ID, 83814
Get directionsHistory
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
Lee works as an insurance sales agent and is also a Registered and Advisory Representative with Red Cedar Wealth Advisors, focusing on securities sales and investment advisory services. Lee dedicates minimal time to insurance sales and about a quarter of their time to Red Cedar Wealth Advisors, with full-time hours spent on securities trading.
Employment History
Current Registrations
Osaic Advisory Services, LLC
Osaic Wealth, INC.Broker
Previous Registrations
Arbor Point Advisors
Securities America, INC.Broker
Securities America Advisors, INC.
Kms Financial Services, INC.Broker
Kms Financial Services, INC
Metropolitan Financial Services, INC.
Metropolitan Investment Securities, INC.Broker
Pacific West Financial Consultant INC
Pacific West Securities, INC.Broker
Ragen Mackenzie Investment Services, INC.Broker
Pacific Harbor Securities, INC.Broker
Kms Financial Services, INC.Broker
Lehman Brothers INC.Broker
Foster & Marshall INC.Broker
State Registrations3 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.