Shannon Baker
Shannon Baker is a registered investment advisor at Baker Wealth Advisors, LLC., based in Johns Island, SC, with 4 years of industry experience. Shannon operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 113 clients with $4.3M 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 | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.00% |
| $3.0M - $4.0M | 0.90% |
| $4.0M - $5.0M | 0.80% |
| $5M+ | 0.75% |
Annual fee may be negotiable. In addition to Baker Wealth Advisors' fees, SEI charges separate annual fees ranging from 0.55% to 1.15% for Custom High Net Worth Solutions, and 20 basis points for Transaction Fee (TF) Mutual Funds and all other securities, including equities, fixed income and ETFs, subject to a $1,000 per year, per account, maximum.
Fee Estimator
Location
Johns Island, SC
Get directionsHistory
Regulatory History (3)
Customer Dispute
March 2016Customer Dispute
January 2016Employment Separation After Allegations
September 2015Other Business ActivitiesSells Insurance
Shannon is the Managing Principal/Insurance Agent for Insurance Gurus LLC, dedicating full-time hours to insurance sales and service. She is also an Insurance Agent for Shannon Baker and Associates, LLC, spending about 10-20% of her time on insurance sales and service.
Employment History
Current Registrations
Baker Wealth Advisors, 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.