EH
ChFC
EH
ChFC

Edward Hutto

29 Years of Experience
Lexington, SC
BrokerSells Insurance

Edward Hutto is a ChFC-designated registered investment advisor at State Farm Investment Management CORP., based in Lexington, SC, with 29 years of industry experience. Edward operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 3,575 clients with $13B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
6693 advisors
Number of Clients
3,575 clients
Average Client Portfolio
$3.6M average
Assets Under Management
$12.9B

Fee Structure

Minimum Investment:$15K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K1.25%
$100K - $500K1.00%
$500K - $1000K0.75%
$1M+0.50%

Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $45 (except as set forth below under “Fee Reductions”). For Accounts that qualify for a reduced Advisory Fee to the lowest Advisory Fee shown on the chart, such Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $18.75.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

5219 Augusta Rd, Lexington, SC, 29072

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Edward owns Edward Hutto's Insurance Agency, selling State Farm insurance products and supervising employees, dedicating about half his time to this. He also referees high school football games, spending minimal time on this activity.

Employment History
Current Registrations
State Farm Investment Management CORP.
July 2019 - Present · 7 yrs
State Farm Vp Management CORP.Broker
July 2002 - Present · 24 yrs
Previous Registrations
State Farm Investment Management CORP.
July 2008 - December 2008 · 5 mos
MML Investors Services, INC.Broker
March 1998 - February 2002 · 3 yrs 11 mos
Pruco Securities CorporationBroker
June 1996 - February 1998 · 1 yr 8 mos
State Registrations1 state
SC
AdvisorBrokerBoth

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.