WC
WC

Wayne Cravens

38 Years of Experience
Sells Insurance

Wayne Cravens is a registered investment advisor at Cravens & Company Wealth Management, based in Cookeville, TN, with 38 years of industry experience. Wayne operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 229 clients with $250M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
229 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$248.4M

Fee Structure

Minimum Investment:$1M
Planning is included in investment management (also available separately)
Minimum Annual Fee:$10,000
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.25%
$1.0M - $3.0M1.00%
$3.0M - $5.0M0.75%
$5M+0.55%

Overall portfolio expenses may be lower through a combination of ETFs, list funds, and individual securities. Fees may be negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

1080 Interstate Drive, Cookeville, TN, 38501

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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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Other Business ActivitiesSells Insurance

Wayne is an owner and investment advisor representative at Cravens & Company Advisors, LLC, dedicating full-time hours. He also owns Cravens & Company, LLC, focusing on insurance sales and service, and is involved in multiple real estate development and management LLCs, spending minimal time on these activities.

Employment History
Current Registrations
Cravens & Company Wealth Management
July 2006 - Present · 19 yrs 9 mos
Previous Registrations
Osaic Wealth, INC.Broker
November 2023 - November 2024 · 1 yr
Osaic Wealth, INC.
November 2023 - December 2023 · 1 mo
Cravens & Company Advisors, LLC
June 2004 - December 2005 · 1 yr 6 mos
Fsc Securities Corporation
March 2004 - November 2023 · 19 yrs 8 mos
Fsc Securities CorporationBroker
November 1996 - November 2023 · 27 yrs
Pruco Securities CorporationBroker
August 1987 - November 1996 · 9 yrs 3 mos
State Registrations2 states
GATN
Advisor

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.