Alec Bethurum is a registered investment advisor at Newedge Advisors, based in Overland Park, KS, with 9 years of industry experience. Alec operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 49,898 clients with $43B 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 $1.0M | 2.25% |
| $1.0M - $2.0M | 2.00% |
| $2M+ | 1.75% |
Schedule reflects the primary Equity and Balanced Advisors Choice program. The firm imposes a maximum annual fee of 1.75% for new accounts opened after December 31, 2025, though older accounts may have rates up to 2.50%. Additional program schedules exist for fixed income, mutual fund strategies, and third-party manager programs. Fees are negotiable.
Fee Estimator
Location
7200 W 132nd Street, Suite 190, Overland Park, KS, 66213
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
October 2007Other Business Activities
Alec works as a Sr. Portfolio Manager/Investment Advisor Representative for NewEdge Advisors, LLC, doing business as AFE Private Wealth. He dedicates full-time hours to this activity.
Employment History
Current Registrations
Newedge Advisors
Previous Registrations
Sterneck Capital Management LLC
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.
Exams
More Advisors
- Ryan Forster, CFPNewedge Advisors
- Mark Basola, CFANewedge Advisors
- Abeaku Jackson-Kuofie, CFPCreative Planning
- Jonathan Slabaugh, CFPCreative Planning
- Joseph Healey, CFPCreative Planning
- John Arndt, CFPCaliber Wealth Management, LLC