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Steve Townsend

Charles Schwab & CO., INC.
27 Years of Experience
Holland, MI
1 DisclosureBroker
View SEC Summary
View SEC Summary

Steve Townsend is a registered investment advisor at Charles Schwab & CO., INC., based in Holland, MI, with 27 years of industry experience. Steve is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more.

Charles Schwab & CO., INC.
Compensation
Fixed/Hourly
Firm Size
8406 advisors
Number of Clients
Not specified
Average Client Portfolio
Not specified

Fee Structure

Planning is included in investment management
Minimum Annual Fee:$4,000
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M0.80%
$1.0M - $2.0M0.75%
$2.0M - $5.0M0.70%
$5.0M - $10.0M0.50%
$10.0M - $25.0M0.30%
$25M+0.30%

Fees for assets over $25 million are negotiable. A grandfathered schedule exists for clients enrolled prior to October 1, 2024.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

12365 James Street, Suite 40, Holland, MI, 49424

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
February 2014
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Charles Schwab & CO., INC.Broker
March 2025 - Present · 1 yr 7 mos
Charles Schwab & CO., INC.
March 2025 - Present · 1 yr 7 mos
Previous Registrations
Edward JonesBroker
March 2024 - March 2025 · 1 yr
Edward Jones
March 2024 - March 2025 · 1 yr
Fifth Third Securities, INC.Broker
October 2023 - February 2024 · 4 mos
Fifth Third Securities, INC.
October 2023 - February 2024 · 4 mos
Edward Jones
August 2017 - October 2023 · 6 yrs 2 mos
Edward JonesBroker
August 2017 - October 2023 · 6 yrs 2 mos
Fifth Third Securities, INC.
August 2007 - August 2017 · 10 yrs
Fifth Third Securities, INC.Broker
May 2001 - August 2017 · 16 yrs 3 mos
Old Kent Financial AdvisorsBroker
March 1999 - May 2001 · 2 yrs 2 mos
State Registrations33 states
AKAZCACODCDEFLGAHIILINLAMDMEMIMNMONCNJNMNYOHORPASCSDTNTXUTVAWAWIWY
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.
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