Douglas Peterson
Douglas Peterson is a CFP, ChFC-designated registered investment advisor at Professional Financial Advisors, LLC, based in North Platte, NE, with 41 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 2 more. Their firm serves 2,078 clients with $610M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Professional Financial Advisors (PFA) offers investment management services with fees based on a percentage of the assets managed.
For accounts in the Professional Financial Advisors Wrap Fee Program, the maximum annual fee is 1.60% of assets, but this fee is negotiable.
For mutual fund portfolios managed through American Funds, PFA charges:
- 0.75% annually on the first $999,999
- 0.50% annually on amounts over $1,000,000
For variable annuity portfolios, PFA charges up to 1.60% annually, and this fee is negotiable.
These fees are billed quarterly in arrears.
Location
1400 S Dewey St, Suite 300, North Platte, NE, 69101-5311
Get directionsHistory
Regulatory History (3)
Customer Dispute
March 2020Customer Dispute
October 2006Customer Dispute
December 2005Other Business ActivitiesSells Insurance
Douglas sells various insurance products, including life insurance, annuities, and long-term care, dedicating a few hours per week. He also owns a building with four businesses as tenants, is a managing member of Professional Financial Advisors LLC (taking about half of Douglas's time), is secretary of Donna's Office Services LLC (minimal time), and instructs adult education classes (a few hours per week).
Employment History
Current Registrations
Professional Financial Advisors, LLC
Previous Registrations
Sagepoint Financial, INC.
Sagepoint Financial, INC.Broker
Professional Financial Advisors, LLC
Personal Investment Management Services
Sunamerica Securities, INC.Broker
Anchor National Financial Services, INC.Broker
Integrated Resources Equity CorporationBroker
E. F. Hutton & Company INCBroker
State Registrations2 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.