Derrick Smith
Derrick Smith is a registered investment advisor at Privatus, based in Roseville, CA, with 20 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, Financial Planning & Coaching, Investment Management, Tax Planning. Their firm serves 33 clients with $6.2M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Privatus charges up to 2.0% per year for managing your investments. This fee is taken monthly from your account. The exact fee can be negotiated depending on the investment strategy and the size of your account. Privatus may also charge a performance-based fee of 20% of any gains in the client's account during the month for qualified clients.
Location
3017 Douglas Blvd., Suite 300, Roseville, CA, 95661
Get directionsHistory
Regulatory History (4)
Judgment / Lien
May 2019Judgment / Lien
November 2011Judgment / Lien
August 2011Judgment / Lien
May 2009Other Business ActivitiesSells Insurance
Derrick is an independent insurance producer for various insurance companies since 1993. This activity takes a few hours per week.
Employment History
Current Registrations
Privatus
Previous Registrations
Entoro Advisors
Entoro Investments, LLC
Protection Point Advisors
Kingsview Asset Management, LLC
Moneysmith, LLC
Ing Financial Advisers, LLC
Ing Financial Partners, INC
State Registrations1 state
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.