Alec Hoke
Alec Hoke is a registered investment advisor at Esi Financial Advisors, based in Cazenovia, NY, with 30 years of industry experience. Alec is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 12,379 clients with $2.8B 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 $1.0M | 1.00% |
| $1.0M - $2.5M | 0.75% |
| $2.5M - $5.0M | 0.60% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.35% |
Rates reflect the primary schedule used in programs like American Funds and Schwab Retirement Advisor Services. Other programs have different maximum fees (AssetMark up to 1.50%, Saratoga up to 2.00%, SEI up to 1.75% plus 0.05% administrative fee). Actual fees are negotiable.
Fee Estimator
Location
Cazenovia, NY
Get directionsHistory
Regulatory History (3)
Customer Dispute
June 2015Customer Dispute
July 2012Customer Dispute
October 2002Other Business ActivitiesSells Insurance
Alec is the principal/president of Beacon Wealth Strategies, LLC, dedicating about 10-20% of his time. He is also an insurance agent for NPA Financial and The Vermont Agency, spending a few hours per week at each. Additionally, Alec is a provider for Access CNY, offering mobility assistance for his stepsons, which is not investment-related and occurs outside of trading hours.
Employment History
Current Registrations
Esi Financial Advisors
Equity Services, INC.Broker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
First Allied Securities, INC.Broker
First Allied Advisory Services, INC.
1st Discount Brokerage, INC.
1st Discount Brokerage, INC.Broker
Saxony Securities, INC.Broker
Saxony Capital Management, LLC
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Wachovia Securities Financial Network, INC.
Wachovia Securities Financial Network, INC.Broker
Jwgenesis Securities, INC.Broker
Josephthal Lyon & Ross IncorporatedBroker
D. Blech & Company, IncorporatedBroker
Thomas James Associates, INC.Broker
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.