Stephan Hess
Stephan Hess is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Harrisonburg, VA, with 33 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
380 East Market Street, Harrisonburg, VA, 22801
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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
Stephan sells fixed insurance, dedicating minimal time to this activity. He also owns and manages rental properties through Hess and Allen, LLC and Hickory Point, LLC, and owns Hess Financial, LLC to facilitate his securities business, dedicating all of his time to this. Finally, Stephan serves as an expert witness in financial planning topics, dedicating minimal time to this.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Uvest Financial Services Group, INC.Broker
Uvest Financial Services Group, INC.
Woodbury Financial Services, INC.Broker
Woodbury Financial Services, INC.
Tower Square Securities, INC.Broker
Josephthal & CO., INC.Broker
Westfield Financial CorporationBroker
Thomas James Associates, INC.Broker
Westfield Financial CorporationBroker
Hibbard Brown & CO., INC.Broker
State Registrations12 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.