Theodore Degroot is a registered investment advisor at Spurstone, based in Higganum, CT, with 26 years of industry experience. Theodore operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Corporate Executives, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 154 clients with $160M 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 $500K | 1.40% |
| $500K - $750K | 1.20% |
| $750K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $3.0M | 0.60% |
| $3.0M - $5.0M | 0.50% |
| $5.0M - $10.0M | 0.40% |
| $10M+ | 0.30% |
The above fee schedule does not include the advisory fee paid to SEI. Spurstone’s Annual Advisory fees are negotiable.
Fee Estimator
Location
12 Scovil Rd, Higganum, CT, 06441
Get directionsHistory
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
Theodore is a co-owner of Spurstone Wealth Management LLC, an insurance agency, since 2009, but is not actively involved other than ownership. He also has a computer systems company, Degova DBA Equitypowerplus, but spends no time on it.
Employment History
Current Registrations
Spurstone
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
UBS Financial Services INC.Broker
UBS Financial Services INC.
Merrill Lynch Pierce Fenner & Smith INC.
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Advest, INC.
Advest, INC.Broker
Bannon, Ohanesian & Lecours, INC.Broker
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.