ER
CFP
ER
CFP

Eric Reid

25 Years of Experience
San Antonio, TX
May Earn Commission

Eric Reid is a CFP-designated registered investment advisor at Hightower Advisors, LLC, based in San Antonio, TX, with 25 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 56,418 clients with $160B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1028 advisors
Number of Clients
56,418 clients
Average Client Portfolio
$2.9M average
Assets Under Management
$164.8B

Fee Structure

Hightower Advisors offers investment management services where fees are negotiable and can be calculated as a percentage of your portfolio. The percentage can be a flat rate, tiered based on asset levels, or tiered floating. Fees are typically deducted from your account and can be charged either in advance or after the service is provided, calculated quarterly or monthly. Some advisors may adjust fees based on significant deposits or withdrawals during the billing cycle. The firm may also household accounts for price breaks.

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Location

227 N Loop 1604 East, Suite 150, San Antonio, TX, 78232

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History

Regulatory History
Clean regulatory record

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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Other Business Activities

Eric teaches management, finance, and Certified Financial Planning coursework at the University of Incarnate Word, a non-profit organization. This takes about 10-20% of his time.

Employment History
Current Registrations
Hightower Advisors, LLC
September 2020 - Present · 5 yrs 10 mos
Previous Registrations
Frontier Investment Management CO
October 2019 - November 2020 · 1 yr 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 2011 - October 2019 · 8 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 2011 - October 2019 · 8 yrs 1 mo
Servant Advisors, INC.
April 2010 - October 2011 · 1 yr 6 mos
Level Four Advisory Services
November 2007 - April 2010 · 2 yrs 5 mos
Lincoln Financial Securities CorporationBroker
September 2007 - March 2010 · 2 yrs 6 mos
Raymond James Financial Services
May 2007 - September 2007 · 4 mos
Padgett Financial Services, LLC
February 2006 - April 2007 · 1 yr 2 mos
Raymond James Financial Services, INC.Broker
January 2006 - April 2007 · 1 yr 3 mos
Uhy Capital Advisors, LLC
April 2004 - January 2006 · 1 yr 9 mos
Wealth Advisors, INC.
October 2002 - December 2003 · 1 yr 2 mos
Genworth Financial Securities CorporationBroker
August 2002 - December 2005 · 3 yrs 4 mos
Genworth Financial Advisers Corporation
August 2002 - December 2005 · 3 yrs 4 mos
TD Waterhouse Investor Services, INC.Broker
May 2000 - February 2001 · 9 mos
Capital Brokerage CorporationBroker
March 2000 - May 2000 · 2 mos
Dean Witter Reynolds INC.Broker
June 1999 - February 2000 · 8 mos
State Registrations1 state
TX
Advisor

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.
Eric Reid - Financial Advisor | TrueAdvisor