Donald Baker
Donald Baker is a registered investment advisor at Kestra Advisory Services, LLC, based in North Palm Beach, FL, with 32 years of industry experience. Donald operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 97,702 clients with $60B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kestra Advisory Services' (Kestra AS) fees for managing your investments are a percentage of the value of your portfolio, up to a maximum of 2.5% per year. The exact percentage is determined by your advisor based on factors like the size of your account, the type of account (e.g., retirement), the services you receive, and the platform you choose. These fees are negotiable.
Kestra AS offers different advisory platforms with varying program fees that are deducted from the client fee you negotiate with your advisor. These platforms include AdvisorEnterprise, Horizon, and AdvisorChoice. Each platform has different features, costs, and minimum account sizes.
There are also third-party managed solutions available through platforms like Focus Partners Advisor Solutions, Symmetry Partners, SEI and AssetMark.
Location
336 Golfview, #202, North Palm Beach, FL, 33408
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Regulatory History (1)
Customer Dispute
July 2019Other Business ActivitiesSells Insurance
Donald owns Baker Group, where he sells insurance, provides financial and estate planning, and helps businesses obtain financing, dedicating about a quarter of his time to it. He also owns Executive Compensation Plans, providing third-party administration for retirement plans, and is an investment advisor representative with Kestra Advisory Services, LLC.
Employment History
Current Registrations
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
Previous Registrations
NFP Advisor Services, LLC
Partners Securities, INC.Broker
Vestax Securities CorporationBroker
MML Investors Services, INC.Broker
State Registrations34 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.