SF
SF
Stephen Franko
33 Years of Experience
Parma, OH
3 DisclosuresBroker
Stephen Franko is a registered investment advisor at Independence Capital CO., INC., based in Parma, OH, with 33 years of industry experience. Stephen is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Education Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 300 clients with $120M in assets under management.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
25 advisors
Number of Clients
300 clients
Average Client Portfolio
$396K average
Assets Under Management
$118.7M
Fee Structure
Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25K | 2.50% |
| $25K - $250K | 2.50% |
| $250K - $500K | 1.50% |
| $500K - $2.5M | 1.00% |
| $2.5M - $10.0M | 0.75% |
| $10M+ | 0.50% |
Fees are negotiable.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
5579 Pearl Road, Suite 100, Parma, OH, 44129
Get directionsHistory
Regulatory History (3)
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Regulatory
August 2026Final
Customer Dispute
May 2026Pending
Regulatory
November 2025Final
Employment History
Current Registrations
Independence Capital CO., INC.
August 2026 - Present · 2 mos
Independence Capital CO., INC.Broker
August 2000 - Present · 26 yrs 2 mos
Previous Registrations
Independence Capital CO., INC.
February 2014 - January 2026 · 11 yrs 11 mos
Essex National Securities, INC.Broker
September 1997 - August 2000 · 2 yrs 11 mos
Mfi Investments CORP.Broker
July 1997 - September 1997 · 2 mos
John Hancock Distributors, INC.Broker
January 1997 - August 1997 · 7 mos
John Hancock Mutual Life Insurance CompanyBroker
January 1997 - May 1997 · 4 mos
Essex National Securities, INC.Broker
May 1994 - December 1996 · 2 yrs 7 mos
John Hancock Distributors, INC.Broker
August 1991 - June 1992 · 10 mos
John Hancock Mutual Life Insurance CompanyBroker
August 1991 - June 1992 · 10 mos
State Registrations1 state
OH
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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