Thomas Shankland
Thomas Shankland is a registered investment advisor at Harvest Investment Services, LLC, based in Oakbrook Terrace, IL, with 38 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 1,393 clients with $530M 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 $50K | 2.80% |
| $50K - $100K | 2.75% |
| $100K - $250K | 2.50% |
| $250K - $500K | 2.25% |
| $500K - $750K | 2.00% |
| $750K - $1000K | 2.00% |
| $1.0M - $1.5M | 1.75% |
| $1.5M - $2.0M | 1.75% |
| $2.0M - $10.0M | 1.50% |
| $10M+ | 1.50% |
Fees negotiable for accounts over $10,000,000. Accounts with holdings less than $50,000 may be assessed a $25 quarterly reporting fee in addition to the percentage based Advisory Fee.
Fee Estimator
Location
1 Transam Plaza Drive, Suite 230, Oakbrook Terrace, IL, 60181-4285
Get directionsHistory
Regulatory History (2)
Regulatory
May 1996Regulatory
October 1994Other Business ActivitiesSells Insurance
Thomas owns Shankland Financial Services, an estate and financial planning firm, where he provides financial planning and sells fixed insurance. He also purchases, rents, and sells properties and sells equity indexed annuities, dedicating nearly full-time hours to these activities.
Employment History
Current Registrations
Harvest Investment Services, LLC
Previous Registrations
Investment Advisors
Proequities, INC.Broker
Mariner Financial Services, INC.Broker
Leadertech Securities, INC.Broker
Nwnl Management 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.