Karen Bacon
Karen Bacon is a CFP-designated registered investment advisor at Diversified Resources, LLC, based in Warwick, RI, with 32 years of industry experience. Karen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 640 clients with $270M 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 $1.5M | 1.00% |
| $1.5M - $2.5M | 0.75% |
| $2.5M+ | 0.40% |
Fees, account minimums, and payment terms may be negotiable. SEI also charges a fee, up to a maximum of 1.25%.
Fee Estimator
Location
70 Jefferson Blvd., 4th Floor, Warwick, RI, 02888
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Karen is an independent insurance agent since 2002, selling term, long-term disability, and long-term care insurance, dedicating a few hours per week. She also owns rental real estate and is the President and Treasurer of Capital Condo Association, spending minimal time on each.
Employment History
Current Registrations
Diversified Resources, LLC
Diversified Resources, LLCBroker
Previous Registrations
New England SecuritiesBroker
Diversified Resources, LLCBroker
State Registrations12 states
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