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Elaine Raines

34 Years of Experience
Columbia, SC
4 DisclosuresBroker

Elaine Raines is a registered investment advisor at Truist Advisory Services, INC., based in Columbia, SC, with 34 years of industry experience. Elaine operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 124,359 clients with $68B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2018 advisors
Number of Clients
124,359 clients
Average Client Portfolio
$545K average
Assets Under Management
$67.7B

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)

Truist Advisory Services (TAS) offers investment consulting services where fees are negotiable and can be a fixed dollar amount or a percentage of the client's assets. The fee is billed quarterly in arrears.

The AMC Advantage program charges an asset-based fee that includes client-related services, custodial, execution, and reporting services. This fee does not include portfolio management fees charged separately by the investment managers selected by the client. The Program Fees are negotiable and may differ from Client to Client. The Program Fee is billed quarterly in advance.

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Location

1201 Main St, Ste 700, Columbia, SC, 29201

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History

Regulatory History (4)
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Customer Dispute
May 2012
Denied
Customer Dispute
March 2010
Denied
Customer Dispute
November 2008
Denied
Customer Dispute
May 2003
Denied
Employment History
Current Registrations
Truist Investment Services, INC.Broker
February 2021 - Present · 5 yrs 5 mos
Truist Investment Services, INC.
February 2021 - Present · 5 yrs 5 mos
Truist Advisory Services, INC.
February 2021 - Present · 5 yrs 5 mos
Previous Registrations
Bb&t Securities, LLC
January 2013 - February 2021 · 8 yrs 1 mo
Bb&t Securities, LLCBroker
January 2013 - February 2021 · 8 yrs 1 mo
Scott & Stringfellow, LLC
August 2012 - January 2013 · 5 mos
Scott & Stringfellow, LLCBroker
August 2012 - January 2013 · 5 mos
Wells Fargo Advisors, LLC
June 2002 - August 2012 · 10 yrs 2 mos
Wells Fargo Advisors, LLCBroker
June 2002 - August 2012 · 10 yrs 2 mos
Wachovia Securities, INC.Broker
February 2000 - June 2002 · 2 yrs 4 mos
Wachovia Brokerage ServiceBroker
May 1994 - February 2000 · 5 yrs 9 mos
Gna Securities, INC.Broker
January 1992 - May 1994 · 2 yrs 4 mos
State Registrations12 states
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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.