KR
ChFC
KR
ChFC

Kenneth Royster

37 Years of Experience
Norfolk, VA
BrokerSells Insurance

Kenneth Royster is a ChFC-designated registered investment advisor at Stratos Wealth Partners, LTD, based in Norfolk, VA, with 37 years of industry experience. Kenneth operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Corporate Executives, Education Planning, Estate Planning, and 4 more. Their firm serves 21,699 clients with $14B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
376 advisors
Number of Clients
21,699 clients
Average Client Portfolio
$667K average
Assets Under Management
$14.5B

Fee Structure

Minimum Investment:$10K

Stratos Wealth Partners (SWP) offers investment management through Strategic Wealth Management (SWM) accounts and other advisor-managed, non-wrap accounts.

With SWM and other advisor-managed, non-wrap accounts, you'll pay an advisory fee to SWP, plus transaction charges for each trade. The maximum annual advisory fee is 2.0% of the assets managed. In limited cases, SWP may apply a flat fee to provide asset management services, but the maximum flat fee will be no more than 2.0% of the assets under management.

A minimum account value of $10,000 is required for SWM and other advisor-managed, non-wrap accounts; however, in certain instances, the minimum account size may be lower.

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Location

1701 Church Street, Suite D, Norfolk, VA, 23504

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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

Kenneth operates First Genesis of Virginia as a DBA for his LPL business and through Stratos Wealth Partners. He also sells non-variable insurance products and manages real estate rentals, dedicating about 10-20% of his time to each.

Employment History
Current Registrations
Stratos Wealth Partners, LTD
September 2018 - Present · 7 yrs 8 mos
LPL Financial LLCBroker
December 2016 - Present · 9 yrs 5 mos
Previous Registrations
LPL Financial LLC
December 2016 - October 2020 · 3 yrs 10 mos
New England Securities Corporation
April 2012 - January 2015 · 2 yrs 9 mos
New England SecuritiesBroker
March 2012 - January 2015 · 2 yrs 10 mos
Msi Financial Services, INC.
November 1996 - December 2016 · 20 yrs 1 mo
Msi Financial Services, INC.Broker
August 1988 - December 2016 · 28 yrs 4 mos
Metropolitan Life Insurance CompanyBroker
August 1988 - July 2007 · 18 yrs 11 mos
State Registrations19 states
ALCODCDEFLGAILMDMINCNJNVNYOHPASCTXVAWV
AdvisorBrokerBoth

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.