Scott Loochtan
Scott Loochtan is a registered investment advisor at Allworth Financial, L.P., based in Riverwoods, IL, with 29 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 26,325 clients with $25B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Allworth Financial offers investment management services through a wrap fee program and a non-wrap fee program. You'll pay a percentage of your portfolio each quarter, billed in advance. The exact percentage depends on the type and amount of your investments. There's a $2,500 minimum annual fee. The maximum fee charged is 2.00%. The wrap fee covers advisory services and most trade execution fees. The non-wrap fee program covers advisory services, but does not include trade execution fees.
Location
2610 Lake Cook Road, Suite 250, Riverwoods, IL, 60015
Get directionsHistory
Regulatory History (1)
Criminal
May 1983Other Business ActivitiesSells Insurance
Scott is involved in several business activities, including rental properties, horse ownership, and office building ownership. He also serves as President for multiple insurance-related entities, including Senior Services of Illinois Inc., Consumers Direct Insurance Services Inc., and LRM Consulting Inc., and is a partner in TOINSURE.ME INC, specializing in various insurance types.
Employment History
Current Registrations
Allworth Financial, L.P.
Aw SecuritiesBroker
Previous Registrations
Aw Securities
Arbor Point Advisors
Securities America Advisors, INC.
Securities America, INC.Broker
Advantage Investment Management, LLC
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Intersecurities, INC.Broker
Foundation Investors Securities CORP.Broker
State Registrations14 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.