Derrick Watts
Derrick Watts is a registered investment advisor at Packerland Brokerage Services, INC., based in Green Bay, WI, with 31 years of industry experience. Derrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 4,245 clients with $910M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Packerland offers several investment management options:
- Individual Portfolio Management: Fees are a percentage of your portfolio, up to a maximum of 2.5% per year.
- Co-Advisory Programs: You'll pay program fees in addition to Packerland's advisory fee (up to 2.5% of your assets). These fees cover the third-party money manager's investment advisory services, potentially as part of a bundled fee arrangement.
- Hilltop/Envestnet Programs: Most programs have a unified fee covering the platform, manager, and Packerland's advisory services. Some fees, like those for transactions executed away from Hilltop, are charged separately.
- Solicitor Program: You'll pay a management fee to the third-party money manager, which Packerland shares. You won't pay a separate fee to Packerland.
Location
432 Security Blvd., Green Bay, WI, 54313
Get directionsHistory
Regulatory History (7)
Customer Dispute
July 2024Judgment / Lien
September 2023Customer Dispute
September 2017Judgment / Lien
May 2017Regulatory
March 2016Customer Dispute
February 2016Customer Dispute
April 1999Other Business ActivitiesSells Insurance
Derrick works as a business development coach/consultant for startups and small business owners since 2020. Derrick also sells life insurance, long-term care insurance, disability insurance, and fixed/fixed indexed annuities since April 2024.
Employment History
Current Registrations
Packerland Brokerage Services, INC.
Packerland Brokerage Services, INC.Broker
Previous Registrations
B Riley Wealth Management
B. Riley Wealth ManagementBroker
Wunderlich Securities, INC.Broker
Wunderlich Securities, INC.Broker
Oppenheimer & CO. INC.Broker
Oppenheimer & CO. INC.
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Morgan Stanley
Morgan Stanley Dw INC.Broker
Merrill Lynch Pierce Fenner & Smith INC.
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations5 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.