Jimmy Forbis
Jimmy Forbis is a ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Memphis, TN, with 51 years of industry experience. Jimmy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
5100 Poplar Avenue, Suite 2700, Memphis, TN, 38137
Get directionsHistory
Regulatory History (3)
Customer Dispute
October 2018Customer Dispute
September 2016Customer Dispute
July 2008Other Business ActivitiesSells Insurance
Jimmy is involved in several business activities, including Forbis Referral Services, Forbis Insurance (selling various insurance products), DSJF Investments LLC (real estate investment), and acting as trustee for life insurance trusts. He spends about a quarter of his time on insurance sales and minimal time on the other activities.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Valmark Securities, INC.Broker
Valmark Advisers, INC.
Capital Analysts
Lincoln Investment
Lincoln InvestmentBroker
Capital Analysts Incorporated
Capital Analysts, IncorporatedBroker
Mtl Equity Products, INC.Broker
General American Life Insurance CompanyBroker
Walnut Street Securities, INC.Broker
Integrated Resources Equity CorporationBroker
Blc Equity Services CorporationBroker
Sma Equities, INC.Broker
State Registrations15 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.