Dustin Padgett
Dustin Padgett is a CFP-designated registered investment advisor at Big Sioux Wealth Management, based in Watertown, SD, with 27 years of industry experience. Dustin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 868 clients with $240M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.45% |
| $100K - $200K | 1.35% |
| $200K - $500K | 1.10% |
| $500K - $750K | 1.05% |
| $750K - $1.0M | 0.90% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $6.0M | 0.70% |
| $6M+ | 0.65% |
The annual fee may be negotiable based upon certain criteria. Clients do not pay an additional or separate fee for GeoWealth’s services. For accounts held at AFS, the fee is 1.0% annually, billed quarterly in arrears.
Fee Estimator
Location
1401 4th St. NE, Watertown, SD, 57201
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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
Dustin is the President/Investment Advisor Representative at Big Sioux Financial Inc, managing the branch and investment advisory services, dedicating full-time hours to this role. He is also a Division President at the same company, focusing on fixed insurance sales and DBA for securities business, which takes a few hours per week. Additionally, Dustin is a Registered Representative at Gradient Securities, LLC, providing financial services for a few hours per week.
Employment History
Current Registrations
Big Sioux Wealth Management
Gradient Securities, LLCBroker
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services
Raymond James Financial Services, INC.Broker
Wma Securities, INC.Broker
Olde Discount CorporationBroker
State Registrations9 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.