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Steven Lee

Bfc Planning, INC.
32 Years of Experience
Lake Forest, IL
1 DisclosureBroker
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Steven Lee is a registered investment advisor at Bfc Planning, INC., based in Lake Forest, IL, with 32 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 7 more. Their firm serves 11,448 clients with $3.8B in assets under management.

Bfc Planning, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
231 advisors
Number of Clients
11,448 clients
Average Client Portfolio
$336K average
Assets Under Management
$3.8B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Maximum allowable annual fee is 2.5% across most asset management programs. Actual fees are negotiable and vary by representative and platform. Specific sub-adviser and program fees apply depending on the chosen platform.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Lake Forest, IL

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2000
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Steven is the president of the Taiwanese American Chamber of Commerce of Greater Chicago and a registered representative for Lee K. Steven Investment LLC, which is used for accounting purposes. He also serves as an advisor for the Overseas Community Affairs Council and a trustee for a friend's trust.

Employment History
Current Registrations
Bfc Planning, INC.
January 2016 - Present · 10 yrs 9 mos
Berthel, Fisher & Company Financial Services, INC.Broker
June 2003 - Present · 23 yrs 4 mos
Previous Registrations
Wachovia Securities, LLCBroker
April 2001 - June 2003 · 2 yrs 2 mos
Dain Rauscher IncorporatedBroker
March 1998 - April 2001 · 3 yrs 1 mo
Dain Rauscher IncorporatedBroker
July 1997 - March 1998 · 8 mos
A. G. Edwards & Sons, INC.Broker
July 1995 - July 1997 · 2 yrs
Rodman & Renshaw INC.Broker
November 1994 - August 1995 · 9 mos
Prudential Securities IncorporatedBroker
October 1993 - June 1994 · 8 mos
State Registrations12 states
CACOIAILMAMDNCNJNVNYOHTX
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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Steven Lee - Financial Advisor | TrueAdvisor