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Robert Skillestad

Wedbush Securities INC.
39 Years of Experience
Billings, MT
1 DisclosureBrokerSells Insurance
View SEC Summary
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Robert Skillestad is a registered investment advisor at Wedbush Securities INC., based in Billings, MT, with 39 years of industry experience. Robert is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 10,048 clients with $5.7B in assets under management.

Wedbush Securities INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
222 advisors
Number of Clients
10,048 clients
Average Client Portfolio
$566K average
Assets Under Management
$5.7B

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)
Minimum Annual Fee:$250
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K3.00%
$250K - $500K2.80%
$500K - $1.0M2.50%
$1.0M - $3.0M1.90%
$3.0M - $5.0M1.60%
$5M+1.60%

Fees for accounts over $5,000,000 are negotiable. Accounts are subject to minimum annual fees ranging from $250 to $1,000 depending on the program.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

490 N. 31st Street, Ste 116, Billings, MT, 59101

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
September 1995
Award / Judgment
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Robert is an agent and member of Future Genetics LLC, Future Cross Genetics LLC, and Bulls Eye Ranch Meats LLC, all since the early 2000s, and spends minimal time on bookkeeping for each. Robert also sells life, long-term care, and annuity insurance through Labyrinth Financial Group since 1987, dedicating a few hours per week to this activity.

Employment History
Current Registrations
Wedbush Securities INC.
June 2020 - Present · 6 yrs 4 mos
Wedbush Securities INC.Broker
January 2009 - Present · 17 yrs 9 mos
Previous Registrations
First Wall Street CORP.Broker
May 2003 - December 2008 · 5 yrs 7 mos
RBC Dain Rauscher INC.Broker
March 1998 - May 2003 · 5 yrs 2 mos
RBC Dain Rauscher INC.
October 1996 - May 2003 · 6 yrs 7 mos
Dain Rauscher IncorporatedBroker
March 1987 - March 1998 · 11 yrs
State Registrations18 states
AZCACOFLGAIDILMNMTNDNVOHORTXUTVAWAWY
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.
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