Michael Farr
Michael Farr is a ChFC-designated registered investment advisor at Lester Financial Group, LLC, based in Terra Haute, IN, with 37 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 784 clients with $400M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Fees may be negotiable at Lester Financial Group's sole discretion.
Fee Estimator
Location
2901 Ohio Blvd, Suite 114-8, Terra Haute, IN, 47803
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2016Other Business Activities
Michael is selling his securities business to Todd Lester and is in retirement status from Arbor Point Advisors and SAA Advisory, having no contact with clients. He is also a board member of VNA Hospice of the Wabash Valley, dedicating minimal time.
Employment History
Current Registrations
Lester Financial Group, LLC
Previous Registrations
Osaic Wealth, INC.Broker
Arbor Point Advisors
Securities America Advisors, INC.
Securities America, INC.Broker
Lincoln Financial Securities CorporationBroker
Lincoln Financial Securities Corporation
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Lasalle St Securities, L.L.C.Broker
Historic Square Equities, IncorporatedBroker
Berachah Securities CorporationBroker
State Registrations2 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.