James Johnston
James Johnston is a registered investment advisor at Arete Wealth Advisors, LLC, based in Memphis, TN, with 38 years of industry experience. James 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 5,426 clients with $2.7B 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 $249K | 3.00% |
| $249K - $750K | 2.50% |
| $750K - $1.5M | 2.00% |
| $1.5M - $5.0M | 1.75% |
| $5M+ | 1.50% |
Fees are negotiable. A $50,000 initial minimum account balance is generally required, but may be waived.
Fee Estimator
Location
Memphis, TN
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
James is an officer/owner of Financial Resource Management, providing financial and estate planning and selling fixed insurance products, dedicating nearly full-time hours to this. He is also the chief manager of Resource Exchange Services, LLC, spending minimal time as a qualified intermediary for 1031 exchanges, and a life insurance agent, spending a few hours per week on insurance sales.
Employment History
Current Registrations
Arete Wealth Advisors, LLC
Arete Wealth Management, LLC
Arete Wealth Management, LLCBroker
Previous Registrations
Financial Resource Management, INC.
Private Consulting Group, INC.
Private Consulting Group, INC.Broker
NFP Securities, INC.Broker
Private Consulting Group, INC.Broker
Ifg Network Securities, INC.Broker
Financial Network Investment CorporationBroker
Guardian Investor Services CorporationBroker
Connecticut Mutual Financial Services, INC.Broker
Northcutt-Owen and CompanyBroker
General Financial Services, INC.Broker
State Registrations10 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.