Thomas Fayen
Thomas Fayen is a registered investment advisor at Conservativemoney LLC, based in Cleveland, OH, 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 Investment Management, Retirement Planning. Their firm serves 25 clients with $15M 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 $100K | 1.20% |
| $100K - $250K | 1.00% |
| $250K - $500K | 0.70% |
| $500K+ | 0.50% |
Fees are negotiable. Custodian also charges a separate brokerage and clearing fee: first $500K: 0.2%, next $500K: 0.15%, over $500K: 0.10%. Flat fee billing option of 0.80%.
Fee Estimator
Location
1315 W 76th Street, Cleveland, OH, 44102-2030
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 ActivitiesSells Insurance
Thomas is a managing member, chief compliance and investment officer, and investment advisor representative for Conservative Money LLC, dedicating about half of his time to this role. He is also a licensed insurance agent selling life, accident, health, and variable annuity insurance, spending minimal time on these activities.
Employment History
Current Registrations
Conservativemoney LLC
Previous Registrations
Capital Financial Services, INC.
Capital Financial Services, INC.Broker
Conservativemoney LLC
Cetera Advisor Networks LLCBroker
Blue Vase Securities, LLCBroker
Securities America, INC.Broker
Walnut Street Securities, INC.Broker
Wrp Investments, INC.Broker
Walnut Street Securities, INC.Broker
Manequity, INC.Broker
The Great-West Life Assurance CompanyBroker
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.