Charles Stewart
Charles Stewart is a registered investment advisor at Black Elm Advisers, LLC, based in Skokie, IL, with 21 years of industry experience. Charles operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 106 clients with $17M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
The Management Fee for a qualified client whose account is not actively managed by BEA is billed annually at 1.0% or quarterly at 0.25% per quarter, in arrears. The Management Fee for non-qualified clients and actively managed qualified clients is billed annually at 1.0% or quarterly at 0.25% per quarter, in arrears. Black Elm Advisors also receives a performance fee of 20% of new net profits earned in a qualified client’s account during each calendar year.
Fee Estimator
Location
Skokie, IL
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
February 2008Other Business ActivitiesSells Insurance
Charles is an instructor at Heartland Financial Institute, teaching financial education classes, dedicating a few hours per week. He also spends nearly full-time running The Stewart Insurance and Financial Services Agency LLC.
Employment History
Current Registrations
Black Elm Advisers, LLC
Previous Registrations
Water Tower Wealth Management, INC.
Transamerica Financial Advisors, INCBroker
Transamerica Financial Advisors, INC.
Vision Investment Services, INC.Broker
Vision Asset Management INC
First Brokerage America, L.L.C.Broker
Fifth Third Securities, INC.
Fifth Third Securities, INC.Broker
World Group Securities, INC.Broker
Ameritas Investment CORP.Broker
Harris Investorline INC.Broker
Banc One Securities CorporationBroker
Dean Witter Reynolds INC.Broker
State Registrations2 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.