Cheree Burnette
Cheree Burnette is a ChFC-designated registered investment advisor at Collective Wealth Advisors LLC, based in Lake Charles, LA, with 27 years of industry experience. Cheree operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 228 clients with $140M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Collective Wealth Advisors (CWA) charges a fee based on a percentage of the assets they manage for you, not exceeding 1.5% annually. This fee includes the cost of a third-party money administrator. Fees are calculated each quarter based on the value of your portfolio at the end of the previous quarter. Fees are negotiable.
If CWA uses AQR Capital Management as a sub-advisor, you will pay additional fees ranging from 0.225% to 2.00% depending on the strategy and account size. If CWA uses Parametric Associates LLC as a sub-advisor, you will pay an additional annual fee of 0.18%, with additional fees for benchmarks and/or screens between 0.0375% and 0.10% annually.
For American Funds, CWA charges a flat annual investment advisory fee of up to 1.5% of the total assets under management. These fees are negotiable.
Location
4833 Ihles Road, Lake Charles, LA, 70605
Get directionsHistory
Regulatory History (2)
Customer Dispute
November 2006Customer Dispute
September 2004Other Business Activities
Cheree is associated with Burnette Financial Planning, LLC as an RIA/IAR, dedicating about half their time. She will maintain registration during the transition of clients to Collective Wealth Advisors.
Employment History
Current Registrations
Collective Wealth Advisors LLC
Previous Registrations
Burnette Financial Planning, LLC
Securian Financial Services, INC.
New England Securities Corporation
Sunamerica Securities, INC.
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.