Robert Hughes
Robert Hughes is a registered investment advisor at Sb Advisory, LLC, based in Traverse City, MI, with 40 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 1,574 clients with $400M 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 $500K | 2.50% |
| $500K - $1.0M | 2.00% |
| $1.0M - $2.0M | 1.75% |
| $2.0M - $5.0M | 1.50% |
| $5M+ | 1.25% |
Fees are negotiable. For Advisor Choice Program/AssetMark Programs/Brinker Capital, clients will be charged the money manager's fee schedule plus an additional negotiable fee of up to 1.25% to SB Advisory. Total fees do not exceed 2.50% of assets under management. For Flexible Plan Investments, the total advisory fee will not exceed 1.5% annually.
Fee Estimator
Location
12935 S West Bay Shore Dr., Traverse City, MI, 49684-6298
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
June 2023Other Business ActivitiesSells Insurance
Robert is involved with several organizations, including Friends of West MI PAC, Grand Rapids Gran Fondo, Friends of West Michigan Business PAC, Michigan Trails Fund, and Armed Forces Thanksgiving. He is also the majority owner, President, and employee of Advantage Benefits Group Inc., an employee benefits firm focused on health plans, retirement, and executive benefits, taking nearly full-time.
Employment History
Current Registrations
Sb Advisory, LLC
San Blas Securities LLCBroker
San Blas Securities LLC
Previous Registrations
Next Financial Group, INC.
Next Financial Group, INC.Broker
Principal Securities, INC.
Principal Securities, INC.Broker
Centennial Financial Services, INC.Broker
MML Investors Services, INC.Broker
State Registrations7 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.