Timothy Reaume
Timothy Reaume is a ChFC-designated registered investment advisor at Blue Chip Partners, LLC, based in Farmington Hills, MI, with 34 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 908 clients with $1.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Blue Chip Partners' investment management fees are based on a percentage of the assets they manage. The exact percentage depends on the type and size of your account, and the level of service you receive, but generally will not exceed 1.25% of assets and are negotiable. Financial planning is included at no additional cost for clients who also use Blue Chip Partners for investment management.
Location
38505 Country Club Drive, Suite 150, Farmington Hills, MI, 48331
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Timothy is a licensed attorney in Michigan, though no longer practicing, and places insurance contracts outside of LPL, dedicating minimal time to each. He also acts as a trustee for his father's living trust, spending minimal time on this activity.
Employment History
Current Registrations
Blue Chip Partners, LLC
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
NFP Securities, INC.Broker
New England SecuritiesBroker
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.