John Spears
John Spears is a ChFC-designated registered investment advisor at State Farm Investment Management CORP., based in Chicago, IL, with 30 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 3,575 clients with $13B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.25% |
| $100K - $500K | 1.00% |
| $500K - $1000K | 0.75% |
| $1M+ | 0.50% |
Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $45 (except as set forth below under “Fee Reductions”). For Accounts that qualify for a reduced Advisory Fee to the lowest Advisory Fee shown on the chart, such Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $18.75.
Fee Estimator
Location
1540 N La Salle Dr Ste 100, Chicago, IL, 60610
Get directionsHistory
Regulatory History (1)
Customer Dispute
June 2006Other Business ActivitiesSells Insurance
John is the owner/sole proprietor of John L. Spears Agency Inc., focusing on motivational speaking, dedicating a few hours per week. He also owns John Spears's Insurance Agency as an agent for State Farm and its affiliates, taking about half of his time, and serves as a board member for the Ray And Joan Kroc Corps Community Center Chicago, dedicating minimal time.
Employment History
Current Registrations
State Farm Investment Management CORP.
State Farm Vp Management CORP.
State Farm Vp Management CORP.Broker
Previous Registrations
PFS Investments INC.Broker
Capital Securities Investment CorporationBroker
PFS Investments INC.Broker
Copeland Equities, INC.Broker
Pruco Securities CorporationBroker
State Registrations2 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.