Reed Walters is a registered investment advisor at Acumen Wealth Advisors, LLC, based in Chattanooga, TN, with 26 years of industry experience. Reed operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 271 clients with $590M 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 | 1.50% |
| $1.0M - $2.0M | 1.30% |
| $2.0M - $5.0M | 1.20% |
| $5.0M - $10.0M | 1.00% |
| $10.0M - $20.0M | 0.80% |
| $20M+ | 0.75% |
Fees may be negotiable on a client-by-client basis. Subadvisor fees range from 0.10% to 0.75%. Some accounts may incur a platform fee of 0.04% per year (minimum $50) and an optional tax overlay service for 0.10% per year.
Fee Estimator
Location
250 Forest Avenue, Chattanooga, TN, 37405
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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 →Employment History
Current Registrations
Acumen Wealth Advisors, LLC
Previous Registrations
Calydon Capital, LLC
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Nuveen Asset Management, LLC
Tradewinds Global Investors, LLC
Sector Capital Management, L.L.C.
Highland Capital Management, LLC
Argent Sector Capital Management, LLC
UBS Financial Services INC.
UBS Financial Services INC.Broker
Aldus Equity Partners
Consulting Services Group, LLC
Trading Services Group, INC.Broker
State Registrations1 state
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