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CFP · ChFC
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CFP · ChFC

Erik Strid

Concentus Wealth Advisors
33 Years of Experience
Newtown Square, PA
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Erik Strid is a CFP, ChFC-designated registered investment advisor at Concentus Wealth Advisors, based in Newtown Square, PA, with 33 years of industry experience. Erik is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 344 clients with $1.1B in assets under management.

Concentus Wealth Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9 advisors
Number of Clients
344 clients
Average Client Portfolio
$3.1M average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Minimum Annual Fee:$2,500
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.50%

Maximum annual fee is 1.50%. Subject to a minimum quarterly fee of $625. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

3803 West Chester Pike, Suite 225, Newtown Square, PA, 19073

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History

Regulatory History (1)
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Criminal
March 1990
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Erik is the CEO/Principal of Concentus Wealth Advisors, dedicating nearly full-time hours to this role. He is also involved in several insurance-related businesses, including PKS Financial Services, Millenium Brokerage Group, TIME, Dynasty Insurance Services, and BKA Private Wealth Consultants, and is the author of two books.

Employment History
Current Registrations
Concentus Wealth Advisors
February 2014 - Present · 12 yrs 8 mos
Purshe Kaplan Sterling InvestmentsBroker
February 2014 - Present · 12 yrs 8 mos
Previous Registrations
Wells Fargo Advisors, LLC
March 2003 - February 2014 · 10 yrs 11 mos
Wells Fargo Advisors, LLCBroker
March 2003 - February 2014 · 10 yrs 11 mos
Merrill Lynch Pierce Fenner & Smith INC.
September 2000 - March 2003 · 2 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 1993 - March 2003 · 9 yrs 8 mos
State Registrations11 states
CACTDEFLHIINMDNJNYPASC
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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