TrueAdvisor
TrueAdvisor
JH
JH

Jack Herndon

Thoroughbred Financial Services, LLC
42 Years of Experience
Brentwood, TN
5 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Jack Herndon is a registered investment advisor at Thoroughbred Financial Services, LLC, based in Brentwood, TN, with 42 years of industry experience. Jack is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 3,567 clients with $4B in assets under management.

Thoroughbred Financial Services, LLC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
34 advisors
Number of Clients
3,567 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$4.0B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.75%
$1M+1.25%

Fees are negotiable. Schedule reflects the primary Thoroughbred and Cambridge programs. Other programs have different fee structures, such as Bond-Timing (1.15% to 1.75%), Vanguard/Ascensus (1.00%), Identified Portfolios/Managers (up to 2.00%), and Envestnet (up to 2.50%, $100K minimum).

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

5110 Maryland Way, Suite 300, Brentwood, TN, 37027

Get directions

History

Regulatory History (5)
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.
Regulatory
February 2000
Final
Customer Dispute
December 1996
Settled
Customer Dispute
November 1996
Settled
Customer Dispute
November 1996
Settled
Customer Dispute
November 1996
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Jack is an insurance agent with Thoroughbred Financial Services since 1999, selling life, disability, medical, and long-term care insurance, dedicating a few hours per week to this. He also owns a condominium which he leases to his daughter, and is the Chief Compliance Officer for Diversified Partners.

Employment History
Current Registrations
Thoroughbred Financial Services, LLC
January 2004 - Present · 22 yrs 9 mos
Thoroughbred Financial Services, LLCBroker
January 2000 - Present · 26 yrs 9 mos
Previous Registrations
Advanced Financial Planning Securities CorporationBroker
June 2000 - December 2000 · 6 mos
Advanced Financial Planning Securities CorporationBroker
February 1986 - April 2000 · 14 yrs 2 mos
Capital Analysts, IncorporatedBroker
July 1984 - February 1986 · 1 yr 7 mos
State Registrations18 states
ALCACOFLGAILINKSKYNCNMNYOHSCTNTXVAWI
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
More financial advisors in Brentwood, TN →All financial advisors in Tennessee →