Brian Mccormack
Brian Mccormack is a CFP-designated registered investment advisor at Charles Schwab & CO., INC., based in Wilmington, NC, with 32 years of industry experience. Brian operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.30% |
| $25M+ | 0.30% |
Fee schedule effective October 1, 2024. Clients enrolled prior to this date may have grandfathered fee schedules. Fees may be negotiable for assets over $25 million.
Fee Estimator
Location
1213 Culbreth Drive, Suite 124, Wilmington, NC, 28405
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
Brian owns rental property in Wilmington, NC, since 2017, spending about 10-20% of his time on it, but a management company handles the responsibilities. He also serves on several advisory boards, including the NHC Industrial Pollution Control Authority, St. Mark Catholic School, and North Carolina Wesleyan College, dedicating about 10-20% of his time to each.
Employment History
Current Registrations
Charles Schwab & CO., INC.Broker
Charles Schwab & CO., INC.
Previous Registrations
First Citizens Investor Services, INC.Broker
First Citizens Investor Services, INC.
Captrust Financial AdvisorsBroker
Captrust Financial Advisors
Shdr Investment Advisers, INC.
Bb&t Asset Management, INC.
Bb&t Investment Services, INC.Broker
Scott & Stringfellow, INC.Broker
Intercarolina Financial Services, INC.Broker
Centura Securities, INC.Broker
Nwnl Management CorporationBroker
Penn Mutual Equity Services, INC.Broker
State Registrations28 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.