SF
SF

Stephen Louis Fougerousse

37 Years of Experience
BrokerSells Insurance
Areas of Practice
Investment ManagementFinancial Planning & Coaching
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
15 advisors
Number of Clients
670 clients
Average Client Portfolio
$596K average
Assets Under Management
$399.2M

Fee Structure

Minimum Investment:$50K
Financial Planning:Investment management only
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $250K1.75%
$250K - $500K1.55%
$500K - $750K1.45%
$750K - $1.0M1.35%
$1.0M - $2.0M1.25%
$2.0M - $3.0M1.05%
$3.0M - $4.0M0.95%
$4.0M - $5.0M0.85%
$5M+0.75%

The management fee is “linear” meaning the applicable rate will be applied to the household custodian reported value for each level back to the first dollar. The advisory fee is negotiable, depending on individual client circumstances. At our discretion, we may combine the account values of family members living in the same household to determine the applicable advisory fee.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

211 West Edgewood, Suite 300, Friendswood, TX, 77546

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Stephen is a trustee for multiple family trusts and operates under the DBA Lifestyle Financial Advisors Inc. He is also an insurance agent, dedicating about 10-20% of his time to this activity, and an investment advisor representative (IAR) for Lifestyle Asset Management Inc., spending about half his time in this role.

Employment History
Current Registrations
Cetera Advisors LLCBroker
September 2022 - Present · 3 yrs 5 mos
Lifestyle Asset Management, INC.
October 2017 - Present · 8 yrs 4 mos
Previous Registrations
Cetera Investment Advisers LLC
November 2020 - July 2024 · 3 yrs 8 mos
First Allied Securities, INC.Broker
May 2008 - September 2022 · 14 yrs 4 mos
First Allied Advisory Services, INC.
January 2007 - November 2020 · 13 yrs 10 mos
Ffp Securities, INC.Broker
July 2002 - May 2008 · 5 yrs 10 mos
Ffp Advisory Services INC
July 2002 - January 2007 · 4 yrs 6 mos
Aetna Financial Services, INC.Broker
December 1999 - September 2000 · 9 mos
Ing Financial Advisers, LLC
April 1997 - July 2002 · 5 yrs 3 mos
Ing Financial Advisers, LLCBroker
January 1995 - July 2002 · 7 yrs 6 mos
Securities Management & Research, INC.Broker
January 1994 - December 1994 · 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 1985 - January 1991 · 5 yrs 3 mos
State Registrations9 states
ALAZCOFLILMINJTXWV
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Stephen Louis Fougerousse - Financial Advisor | TrueAdvisor