Eric Springer
Eric Springer is a registered investment advisor at J. W. Cole Advisors, INC., based in Lowell, MI, with 30 years of industry experience. Eric operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 29,614 clients with $7.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
J.W. Cole Advisors' investment management fees are based on a tiered schedule, meaning the percentage you pay decreases as your portfolio grows. The exact fee can be negotiated and may be a flat rate instead of tiered. The maximum fee is generally 3.00% and the minimum is 0.25%. There is also a program fee charged, which covers services provided by JWCA and the custodian of your account. You'll pay these fees quarterly, regardless of how many trades are made. Some advisors may or may not pay transaction costs.
Location
309 E. Main Street, Lowell, MI, 49331
Get directionsHistory
Regulatory History (4)
Regulatory
April 2017Customer Dispute
August 2010Customer Dispute
June 2005Regulatory
June 1999Other Business ActivitiesSells Insurance
Eric is the President of Brookstone Investments, a sole proprietorship, and spends a few hours per week on securities trading. He also owns Blue Time LLC, an office building, and Florida Built, a clothing and marine accessories sales business, dedicating minimal time to each.
Employment History
Current Registrations
J. W. Cole Advisors, INC.
Previous Registrations
J.W. Cole Financial, INC.Broker
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Foresters Equity Services, INC.Broker
State Registrations1 state
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.