Douglas Reed
Douglas Reed is a registered investment advisor at Atlanticmidwest Investment Research, LLC, based in Moca, PR, with 24 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 82 clients with $27M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AtlanticMidwest Investment Research (AMIR) offers several investment management programs with different fee structures:
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AmericasRetirementPlan.com:
- Accounts up to $6,500: $30 annually, billed quarterly.
- $6,501 - $25,000: 0.45% annually, billed quarterly.
- $25,001 - $1,000,000: 0.35% annually, billed quarterly.
- $1,000,001 - $5,000,000: 0.25% annually, billed quarterly.
- Over $5,000,000: Negotiable.
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Preferred Asset Management:
- Up to $100,000: 1.75% annually, billed quarterly.
- Up to $250,000: 1.25% annually, billed quarterly.
- $250,000 - $500,000: 1.00% annually, billed quarterly.
- $500,001 - $1,000,000: 0.95% annually, billed quarterly.
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Private Reserve Asset Management:
- Up to $1,000,000: 0.95% annually, billed quarterly.
- $1,000,001 - $5,000,000: 0.45% annually, billed quarterly.
- Over $5,000,000: Negotiable.
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Choice Asset Management:
- Up to $1,000,000: 0.55% annually, billed quarterly.
- $1,000,001 - $5,000,000: 0.45% annually, billed quarterly.
- Over $5,000,000: Negotiable.
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WealthSentry Equity Opportunistic (add-on to other programs):
- Up to $25,000,000: 0.75% annually, billed quarterly (in addition to the underlying program fee).
- Over $25,000,000: Negotiable.
Fees may be negotiable based on various factors. AMIR bills quarterly in advance.
Location
318-328 Cll José Celso Barbosa, Moca, PR, 00901
Get directionsHistory
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
Douglas provides financial planning services and insurance through Reed Financial Group, Inc., dedicating about 40% of his time. He also manages Strategic Wealth Initiative, a marketing and consulting service for financial advisors, and owns a wine and travel club and a cashback shopping business, each taking minimal time.
Employment History
Current Registrations
Atlanticmidwest Investment Research, LLC
Previous Registrations
Americasretirementplan.com
Reed Financial Group, INC.
Reed Financial Group, INC.
Prosperity Network, INC
Multi-Financial Securities Corporation
Vestax Securities Corporation
State Registrations4 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.