Thomas Petzold
Thomas Petzold is a registered investment advisor at Centennial Securities Company INC, based in Grand Rapids, MI, with 41 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 2,691 clients with $1.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Centennial Securities offers investment management services where fees are based on the value of your portfolio. The specific fee is disclosed in your Investment Management Agreement, and may be negotiable. The standard fee schedule is:
- Under $500,000: 0.75% – 2.00% per year
- $500,000 – $1,000,000: 0.50% – 1.75% per year
- Over $1,000,000: 0.25% – 1.50% per year
Fees are billed and paid quarterly in advance, based on the value of your account at the end of the previous quarter.
Location
3075 Charlevoix Drive Se, Grand Rapids, MI, 49546
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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
Thomas is the president of Pathway Benefit Services, a third-party employee benefits company, since 1992. Pathway is investment related, and Thomas manages employees, dedicating about 10-20% of his time to the business and receiving compensation.
Employment History
Current Registrations
Centennial Securities Company INC
Centennial Securities Company, INC.Broker
Previous Registrations
Pathway Investment CO.Broker
Royal Securities CompanyBroker
All American Management CorporationBroker
State Registrations5 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.