Steven Baker is a registered investment advisor at Investors Capital Management INC, based in Darien, CT, with 13 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 47 clients with $74M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ICM charges an annual fee based on the type of account and the amount you invest. The fee is calculated quarterly in advance, and any unearned portion is refunded if you end the agreement early. Here's a breakdown of the annual rates:
-
Equities Only:
- Up to $500,000: 1.25%
- The next $4,500,000: 0.90%
- Over $5,000,000: Negotiable
-
Balanced:
- Up to $500,000: 1.00%
- The next $4,500,000: 0.75%
- Over $5,000,000: Negotiable
-
Fixed Income Only:
- Up to $500,000: 0.75%
- The next $4,500,000: 0.56%
- Over $5,000,000: Negotiable
-
Mutual Funds and ETFs Only:
- Up to $500,000: 0.50%
- The next $4,500,000: 0.50%
- Over $5,000,000: Negotiable
ICM also offers a monitoring service for accounts they don't manage directly, with a negotiable fee.
Location
30 Old Kings Highway South - Suite 200, Darien, CT, 06820
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 Activities
Steven is a member of Name 88 Acorn Street LLC, THP Peet Street LLC, and THP Management LLC, all related to real estate holdings and banking. He dedicates minimal time to these activities.
Employment History
Current Registrations
Investors Capital Management INC
State Registrations1 state
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.