Eric Flaten
Eric Flaten is a registered investment advisor at Simplicity Wealth, based in East Wenatchee, WA, with 26 years of industry experience. Eric operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 5,619 clients with $3.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Simplicity Wealth's fees are based on a percentage of your assets under management, ranging from 0.10% to 2.00%. The specific fee depends on the services selected by your advisor. The fees cover investment management, research, monitoring, and other operational services. Additional fees may include model manager fees, custodial fees, and transaction fees. Simplicity Wealth also offers proprietary model portfolios.
Location
East Wenatchee, WA
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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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Eric is a licensed insurance producer in Washington since 2009, selling life, disability, variable life, and variable annuity products, dedicating minimal time to this activity. He is also a real estate broker for personal and family use since 2018, spending a few hours per week, and provides financial advisory services through ePersonal Financial, LLC. Additionally, Eric offers college planning services through ePersonal College LLC, spending about half his time, and serves as the treasurer for Legacy Landing Homeowners Association, dedicating minimal time.
Employment History
Current Registrations
Simplicity Wealth
Previous Registrations
Lifepro Asset Management
Sowell Management
Concert Wealth Management
Morgan Stanley
Citigroup Global Markets INC.
Wells Fargo Investments, LLC
Merrill Lynch Pierce Fenner & Smith 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.