Charles Mcdaniels
Charles Mcdaniels is a ChFC-designated registered investment advisor at Principal Securities, INC., based in Townville, SC, with 42 years of industry experience. Charles is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 51,941 clients with $17B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $150K | 1.75% |
| $150K - $250K | 1.75% |
| $250K - $500K | 1.75% |
| $500K - $1000K | 1.20% |
| $1M+ | 1.10% |
Fees are negotiable and collected quarterly in arrears. Schedule reflects the SEI Managed Account Solutions program maximum fees. Other programs utilize promoter fees ranging from 0.07% to 1.50% or asset-based fees up to 1.95%.
Fee Estimator
Location
Townville, SC
Get directionsHistory
Regulatory History (2)
Customer Dispute
May 2005Regulatory
September 1994Other Business ActivitiesSells Insurance
Charles is on the board of Hampton Masonic Lodge and an associate member of the Georgia Funeral Directors Association. He is also the sole owner of McDaniels Financial Services, LLC, operating as a DBA, dedicating full-time hours to it.
Employment History
Current Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
State Registrations6 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.