Todd Nye
Todd Nye is a ChFC-designated registered investment advisor at Bfc Planning, INC., based in Cedar Rapids, IA, with 37 years of industry experience. Todd operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 3 more. Their firm serves 6,720 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BFC Planning offers asset management services through various platforms. Fees are based on the amount of assets managed and can vary depending on the platform and the IAR. The maximum allowable fee is 2.5% annually. Fees may be charged in advance or arrears, monthly or quarterly. Clients may also incur charges from third parties, such as mutual fund expenses and IRA fees. Some platforms have minimum account sizes.
Platforms include:
- Berthel Edge
- BFC Advisory program
- American Funds Direct F-2 Share Class Program
- Institutional RIA Platform
- Variable Annuity/Variable Life Sponsors
- Envestnet’s Managed Account Solutions
- Sub-Advisory Platforms
- Held Away Accounts
Location
4201 42nd Street Ne, Suite 100, Cedar Rapids, IA, 52402
Get directionsHistory
Regulatory History (1)
Regulatory
August 2001Other Business ActivitiesSells Insurance
Todd operates under the DBAs Todd Nye and Nye IPI, offering securities through Moloney Securities Co., Inc., and works as an independent insurance agent selling variable/fixed annuities. He also serves on the advisory boards for S.A.E. and the Salvation Army, dedicating a few hours per week to insurance sales and minimal time to the Salvation Army.
Employment History
Current Registrations
Bfc Planning, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Previous Registrations
Moloney Securities Asset Management LLC
Moloney Securities CO., INC.Broker
Aquilant Advisors
Cambridge Investment Research, INC.Broker
Independent Financial Group, LLC
Independent Financial Group, LLCBroker
Sii Investments, INC.
Sii Investments, INC.Broker
Ipi Asset Management, INC.
Investment Planners, INC.Broker
Linsco/private Ledger CORP.Broker
Fortis Investors, INC.Broker
Princor Financial Services CorporationBroker
Fortis Investors, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
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.