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Steven Billet

Cambridge Investment Research Advisors, INC.
52 Years of Experience
Indianapolis, IN
1 DisclosureBrokerSells Insurance
View SEC Summary
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Steven Billet is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Indianapolis, IN, with 52 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 6 more. Their firm serves 361,213 clients with $140B in assets under management.

Cambridge Investment Research Advisors, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3940 advisors
Number of Clients
361,213 clients
Average Client Portfolio
$384K average
Assets Under Management
$138.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum allowable advisory fee is 2.25% annually across platforms. Actual fees are negotiable and set by your financial professional based on account size, complexity, and specific program selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

7202 N Shadeland Ave, Ste. 212, Indianapolis, IN, 46250

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2010
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Steven is an independent insurance agent for various companies through Billet Financial Services, dedicating a few hours per week. He is also an advisory representative of a RIA, CIRA, spending about half his time managing client assets or preparing financial plans. Finally, Steven is a notary, spending minimal time on this activity.

Employment History
Current Registrations
Cambridge Investment Research, INC.Broker
April 2021 - Present · 5 yrs 6 mos
Cambridge Investment Research Advisors, INC.
April 2021 - Present · 5 yrs 6 mos
Previous Registrations
Lincoln Financial Securities Corporation
March 2005 - April 2021 · 16 yrs 1 mo
Lincoln Financial Securities CorporationBroker
February 2005 - April 2021 · 16 yrs 2 mos
Terra Securities CorporationBroker
January 2004 - February 2005 · 1 yr 1 mo
Terra Financial Planning Group LTD
June 2003 - February 2005 · 1 yr 8 mos
Capital Brokerage CorporationBroker
December 1997 - January 2004 · 6 yrs 1 mo
Forth Financial Securities, CorporationBroker
December 1991 - December 1997 · 6 yrs
Princor Financial Services CorporationBroker
June 1991 - December 1991 · 6 mos
John Hancock Distributors, INC.Broker
January 1974 - May 1991 · 17 yrs 4 mos
John Hancock Mutual Life Insurance CompanyBroker
January 1974 - May 1991 · 17 yrs 4 mos
State Registrations8 states
DEFLGAINMOMSOHVT
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.
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