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Stephen Drachnik

39 Years of Experience
O'Fallon, MO
Broker

Stephen Drachnik is a registered investment advisor at Stifel, Nicolaus & Company, Incorporated, based in O'Fallon, MO, with 39 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 222,322 clients with $170B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3365 advisors
Number of Clients
222,322 clients
Average Client Portfolio
$770K average
Assets Under Management
$171.2B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)

Clients in the Vision Program pay an annual fee of up to 1.2% of the value of their account. This fee covers account reporting, investment advisory services, compensation to the Financial Advisor, and Pontera. The fee is negotiable. This fee does not include embedded fees and expenses associated with the investment options within the plan.

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Location

2342 Technology Drive, Suite 300, O'Fallon, MO, 63368

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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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Employment History
Current Registrations
Stifel, Nicolaus & Company, Incorporated
March 2009 - Present · 17 yrs 2 mos
Stifel, Nicolaus & Company, IncorporatedBroker
October 2008 - Present · 17 yrs 7 mos
Previous Registrations
Wachovia Securities, LLCBroker
January 2008 - October 2008 · 9 mos
A. G. Edwards & Sons, INC.Broker
January 1999 - January 2008 · 9 yrs
Nationsbanc Investments, INC.Broker
January 1998 - December 1998 · 11 mos
NationssecuritiesBroker
August 1997 - January 1998 · 5 mos
Boatmen's Investment Services, INC.Broker
June 1994 - August 1997 · 3 yrs 2 mos
Mercantile Investment Services, INC.Broker
August 1991 - June 1994 · 2 yrs 10 mos
Wedgewood Partners, INC.Broker
January 1991 - August 1991 · 7 mos
Germania Securities, INC.Broker
February 1990 - February 1991 · 1 yr
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 1988 - February 1990 · 1 yr 9 mos
Metropolitan Life Insurance CompanyBroker
October 1986 - April 1988 · 1 yr 6 mos
Metlife Securities INC.Broker
October 1986 - April 1988 · 1 yr 6 mos
State Registrations25 states
AZCACOFLGAIAIDILINKSMAMEMNMONCNMNYOKORSCTNTXUTWAWI
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Stephen Drachnik - Financial Advisor | TrueAdvisor