Scot Shier
Scot Shier is a CFP-designated registered investment advisor at Money Concepts Advisory Service, based in Newport Beach, CA, with 32 years of industry experience. Scot is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 17,032 clients with $4.1B 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 $1.0M | 1.30% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.60% |
Fees vary by program. Standard Guided Portfolio Solutions program typically charges 2.5% annually. Pension and MAP programs use tiered schedules ranging from 1.30% down to 0.60% annually.
Fee Estimator
Location
1111-A Quail St., Newport Beach, CA, 92660
Get directionsHistory
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
Scot is the owner and corporate officer of Quintessential Financial Corp, operating as a DBA for his investment, insurance, and financial planning business, dedicating about a quarter of his time. He also works as a corporate officer/agent for Quintessential Financial & Insurance Services Corp, selling health insurance and fixed insurance, and is involved in estate planning.
Employment History
Current Registrations
Money Concepts Advisory Service
Money Concepts Capital CORPBroker
Previous Registrations
Next Financial Group, INC.
Next Financial Group, INC.Broker
Associated Planners Investment Advisory INC
Associated Securities CORP.Broker
Eisner Securities, INC.Broker
Syndicated Capital, INC.Broker
Linsco/private Ledger CORP.Broker
Dean Witter Reynolds INC.Broker
State Registrations12 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.
Exams
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