Thomas Herr
Thomas Herr is a registered investment advisor at Ausdal Financial Partners, INC., based in Chicago, IL, with 39 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 10,402 clients with $2.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ausdal Financial Partners offers several investment management programs. Fees vary depending on the program and custodian.
Advisor Managed Account (AMP): Fees are negotiated with your advisor, with a maximum annual fee of 3%. Wrap accounts include all transaction costs, while non-wrap accounts charge separately for advisory services and transactions.
Third Party Managed Accounts (SMA/UMA): Fees consist of an Investment Advisor Representative Fee, a Platform Fee (0.11% to 0.28%), and a Manager Fee (0% to 0.80%).
Retirement Plan Advisory Program: Maximum annual fee of 3%. Fees can be a fixed percentage or tiered based on account assets.
Held Away Accounts (Pontera): Maximum advisory fee of 1.5% of account assets. Fees must be deducted from an alternate advisory account or billed directly to the client.
Location
2538 North Lincoln Ave, Chicago, IL, 60614
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
January 1991Other Business ActivitiesSells Insurance
Thomas works full-time as a supervisor at Serpe Insurance, focusing on health and life insurance sales. He also owns Maz Insurance, Inc. and JCTH, LLC, dedicating minimal time to each for insurance sales.
Employment History
Current Registrations
Ausdal Financial Partners, INC.
Ausdal Financial Partners, INC.Broker
Previous Registrations
Waterstone Financial Group, INC.
Waterstone Financial Group, INC.Broker
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
Guardian Investor Services CorporationBroker
Kirkpatrick, Pettis, Smith, Polian INC.Broker
Mutual of Omaha Fund Management CompanyBroker
Capital Financial Services, INC.Broker
Coordinated Capital Securities of Wi INC.Broker
Capital Financial Services, INC.Broker
Phoenix Equity Planning CorporationBroker
State Registrations6 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.