Linda Derickson
Linda Derickson is a registered investment advisor at Founders Financial Securities, LLC, based in Berlin, MD, with 32 years of industry experience. Linda operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 9,021 clients with $3.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FFS offers several investment management programs. Fees are determined separately for each account and are negotiable, based on factors like assets under management, account structure, and services provided. Fees are generally a percentage of assets under management and can be charged quarterly or monthly, in advance or arrears.
Independence Advisory accounts typically do not exceed 2.50% annually. The Managed Portfolio Program has a fee of 1.65% annually. FCMS Private Wealth Solutions fees do not exceed 1.70% of the first $1,000,000 and 1.40% thereafter, annually. Nationwide Variable Annuity fees do not exceed 1.50% annually.
Some programs have minimum account balances and additional custodial fees that could result in an effective rate greater than the stated percentage.
Location
Berlin, MD
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Regulatory History (1)
Customer Dispute
December 2023Other Business ActivitiesSells Insurance
Linda is the owner and sole proprietor of Derickson Financial, where she works as a financial advisor providing financial planning services. She dedicates nearly full-time hours to client consultation, financial plan preparation, and investment strategy evaluation, which may include life, long-term care, and disability insurance.
Employment History
Current Registrations
Founders Financial Securities, LLC
Founders Financial Securities LLCBroker
Previous Registrations
Jefferson Pilot Securities CorporationBroker
Uvest Financial Services Group, INC.Broker
Essex National Securities, INC.Broker
Princor Financial Services CorporationBroker
Capitol Securities Management, INC.Broker
Corelink Financial, INC.Broker
Signet Financial Services,inc.Broker
State Registrations9 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.