Stephen Engro
Stephen Engro is a registered investment advisor at Beacon Financial Group, based in Dallas, TX, with 40 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 748 clients with $1.1B 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 $1000K | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $7.0M | 0.80% |
| $7.0M - $9.0M | 0.70% |
| $9.0M - $10.0M | 0.60% |
| $10M+ | 0.60% |
Fees negotiable for accounts over $10,000,000. If a Client utilizes Independent Managers, the fees charged may be more or less than set out above as each manager determines their own fees. The Firm will receive its standard fee on top of the fee paid to the Independent Manager.
Fee Estimator
Location
17300 Preston Rd, Suite 120, C/O Melissa Wheeler, Dallas, TX, 75252-5654
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2010Regulatory
December 2006Other Business ActivitiesSells Insurance
Stephen owns BDE Properties LLC and SAE Holdings LLC, both real estate businesses, and spends minimal time on each. He is also the owner, president, and an insurance agent for Beacon Retirement Planning Services, Inc., where he provides insurance products and investment advisory services, dedicating nearly full-time hours to the latter.
Employment History
Current Registrations
Beacon Financial Group
Kestra Investment Services, LLCBroker
Previous Registrations
Kestra Advisory Services, LLC
NFP Advisor Services, LLC
Linsco/private Ledger CORP.Broker
Rauscher Pierce Refsnes, INC.Broker
Smith Barney, Harris Upham & CO., IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Blinder, Robinson & Co.,inc.Broker
State Registrations17 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.