Kevin Wales
Kevin Wales is a registered investment advisor at Equitable Advisors, LLC, based in Gurnee, IL, with 12 years of industry experience. Kevin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 69,432 clients with $38B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Equitable Advisors offers investment management through LPL Financial programs and third-party asset managers (TAMPs). Fees vary depending on the program and assets invested.
For LPL programs like SAM, fees are based on a percentage of your portfolio. In some cases, you can choose whether to pay transaction charges directly or have the advisor pay them, which affects the overall advisory fee.
When using TAMPs, the fees are determined by the TAMP and a portion is paid to Equitable Advisors. The specific fees, minimums, and arrangements vary by TAMP, so it's important to review their brochures.
Equitable Advisors also offers ERISA fiduciary services to retirement plans, with fees determined by the specific services provided.
Location
Gurnee, IL
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Regulatory History (1)
Criminal
March 1979Other Business ActivitiesSells Insurance
Kevin is an independent agent selling fixed insurance. He also serves as President of the Chelsey Crossing Homeowner's Association, dedicating a few hours per week to planning projects, running meetings, and approving projects.
Employment History
Current Registrations
Equitable Advisors, LLCBroker
Equitable Advisors, LLC
Equitable Advisors, LLC
Previous Registrations
Osaic Fa, INC.
Osaic Fa, INC.Broker
Gelber Securities, LLCBroker
Rho Trading Securities LLCBroker
Rom-Bo Trading CO.Broker
State Registrations7 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.