Thomas Reid
Thomas Reid is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Boca Raton, FL, with 18 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.
Location
1300 N Federal Hwy, Ste. 101, Boca Raton, FL, 33432
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Regulatory History
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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Thomas works as an advisory representative of a RIA (CIRA) and as a securities DBA (Generation Wealth Advisors), dedicating about half his time to each. He also works as a teacher for Broward County Schools, spending about 10-20% of his time in this role.
Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.
Cambridge Investment Research, INC.Broker
Previous Registrations
Astor Investment Management LLC
Northern Lights Distributors, LLCBroker
Sterling Capital Management LLC
Sterling Capital Distributors, LLCBroker
Nuveen Asset Management, LLC
Nuveen Securities, LLCBroker
Faf Advisors, INC.
Quasar Distributors, LLCBroker
Riversource Fund Distributors, INC.Broker
Riversource Distributors, INC.Broker
Planco Financial Services, LLCBroker
PFS Investments 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.