Steven Prestyly
Steven Prestyly is a registered investment advisor at Colonial River Wealth Management LLC, based in Midlothian, VA, with 33 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 1,034 clients with $340M 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 $250K | 1.60% |
| $250K - $500K | 1.45% |
| $500K - $750K | 1.30% |
| $750K - $1.2M | 1.15% |
| $1.3M - $5.0M | 0.95% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $25.0M | 0.55% |
| $25M+ | 0.35% |
Fees may be negotiable. Colonial River Premiere Solutions Clients will be charged a fee ranging from .15% to 1.00% based on the level of service selected. The fees for this service are in addition to the investment advisory fees described above.
Fee Estimator
Location
340 Browns Hill Court, Midlothian, VA, 23114
Get directionsHistory
Regulatory History (2)
Regulatory
May 2007Customer Dispute
August 2004Other Business Activities
Steven is a certified tax preparer for Newtown Tax Preparation, spending a few hours per week. He also dedicates full-time hours to Newtown Financial Group, LLC, Colonial River Wealth Management, LLC, and Colonial River Investments, LLC, the latter being an independent investment advisor firm.
Employment History
Current Registrations
Colonial River Wealth Management LLC
LPL Financial LLCBroker
Previous Registrations
The Main Street Group
LPL Financial LLC
Wachovia Securities Financial Network, INC.Broker
Wachovia Securities Financial Network, INC.
Prudential Securities IncorporatedBroker
Dean Witter Reynolds INC.Broker
Northwestern Mutual Investment Services, LLCBroker
Robert W. Baird & CO. IncorporatedBroker
The Equitable Life Assurance Society of the United StatesBroker
Equico Securities, INC.Broker
Garvin Guybutler CorporationBroker
State Registrations9 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.