LS
LS
Lucien Sanchez
27 Years of Experience
Sarasota, FL
3 Disclosures
Lucien Sanchez is a registered investment advisor at Wealth Management Services INC., based in Sarasota, FL, with 27 years of industry experience. Lucien operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 11 clients with $4.2M in assets under management.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1 advisor
Number of Clients
11 clients
Average Client Portfolio
$386K average
Assets Under Management
$4.2M
Fee Structure
Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $750K | 1.60% |
| $750K - $1.0M | 1.50% |
| $1.0M - $1.4M | 1.40% |
| $1.4M - $2.0M | 1.30% |
| $2M+ | 1.30% |
Fees are negotiable.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
Sarasota, FL
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Regulatory History (3)
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Regulatory
August 2013Final
Employment Separation After Allegations
April 2012Customer Dispute
October 2011Settled
Employment History
Current Registrations
Wealth Management Services INC.
October 2018 - Present · 7 yrs 7 mos
Previous Registrations
Ifs Advisory, LLC
August 2012 - October 2016 · 4 yrs 2 mos
Ifs SecuritiesBroker
July 2012 - October 2016 · 4 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 2010 - April 2012 · 1 yr 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2010 - April 2012 · 1 yr 8 mos
Morgan Stanley Smith Barney LLC
June 2009 - September 2010 · 1 yr 3 mos
Morgan Stanley Smith BarneyBroker
June 2009 - September 2010 · 1 yr 3 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
June 2005 - April 2007 · 1 yr 10 mos
Morgan Stanley Dw INC.Broker
June 2005 - April 2007 · 1 yr 10 mos
Raymond James & Associates, INC.
February 2001 - June 2005 · 4 yrs 4 mos
Raymond James & Associates, INC.Broker
February 2001 - June 2005 · 4 yrs 4 mos
Metropolitan Life Insurance CompanyBroker
January 1996 - February 2001 · 5 yrs 1 mo
Metlife Securities INC.Broker
January 1996 - February 2001 · 5 yrs 1 mo
State Registrations1 state
FL
Advisor
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.
Exams
No exam information available for this advisor.