Byron Reyes
Byron Reyes is a registered investment advisor at Prospera Financial Services, INC., based in Lafayette, LA, with 35 years of industry experience. Their practice areas include Estate Planning, Retirement Planning. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospera Financial Services offers investment management through various programs. The fees are based on a percentage of your portfolio's value and are negotiable, but the maximum annual fee is 2.15%. The specific fee and services are agreed upon in an advisory agreement. Fees are typically deducted from your account. Some programs may have additional fees, such as transaction costs or sub-account fees. Prospera also participates in revenue sharing with custodians and other third parties, which creates a conflict of interest.
Location
1042 Camellia Blvd, Suite 11, Lafayette, LA, 70508
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
April 2018Customer Dispute
May 2016Other Business Activities
Byron is a board member for Spark! Acadiana and CardioCare, and a board member of the Schumacher Family Foundation. He is also a manager-member of Liveoak Wealth Advisors II and a LLC member of Spark Medical LLC, dedicating minimal time to each of these activities.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
UBS Financial Services INC.Broker
UBS Financial Services INC.
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Lehman Brothers INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations22 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.