Robert Kramer
Robert Kramer is a ChFC-designated registered investment advisor at Prosperity Capital Advisors, based in Ottumwa, IA, with 38 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 7,096 clients with $3.7B 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 $500K | 0.60% |
| $500K - $1000K | 0.50% |
| $1.0M - $2.0M | 0.40% |
| $2.0M - $5.0M | 0.35% |
| $5M+ | 0.30% |
The platform fee tier schedule is based on billable assets and excludes non-billable assets such as unmanaged accounts. The total annual fee for investment management services for retail clients typically varies between 0.20% and 2.0% depending upon several factors, including the market value of the assets under management and the types of services to be rendered. PCA charges a $150.00 minimum annual investment management fee which may result in a fee greater than 2.0%.
Fee Estimator
Location
2116 North Court, Suite 1, Ottumwa, IA, 52501
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2008Other Business ActivitiesSells Insurance
Robert is a 30% owner of Financial Partners, Inc., which operates his advisory and insurance business, taking nearly full-time hours. He is also a licensed insurance agent selling various insurance products, dedicating a few hours per week, and co-owns/manages an office building with his spouse, spending minimal time on it.
Employment History
Current Registrations
Prosperity Capital Advisors
Previous Registrations
Spc
Sigma Financial CorporationBroker
Vsr Advisory Services
Vsr Financial Services, INC.Broker
Tower Square Securities, INC.
Tower Square Securities, INC.Broker
Allied Group Merchant Banking CorporationBroker
Allied Group Securities CorporationBroker
State Registrations3 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.