GT
ChFC
GT
ChFC

Gregory Theis

26 Years of Experience
Ada, MI
1 DisclosureBrokerSells Insurance

Gregory Theis is a ChFC-designated registered investment advisor at USA Financial Securities Corporation, based in Ada, MI, with 26 years of industry experience. Their practice areas include Retirement Planning. Their firm serves 1,750 clients with $300M in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
141 advisors
Number of Clients
1,750 clients
Average Client Portfolio
$172K average
Assets Under Management
$301.5M

Fee Structure

Minimum Investment:$15K
Investment management only (planning not offered)

USA Financial Securities offers two advisory account management options:

  • Transaction-based pricing: You pay a lower custodial and administrative fee, plus individual transaction fees.
  • Asset-based pricing: You pay a higher custodial and administrative fee that includes transaction costs. This is best for clients who anticipate moderate to high levels of trading activity.

Representatives may also provide access to third-party money managers. The fees for these managers vary and are disclosed in their own brochures. Representatives may also offer customized financial strategies with varying fee structures, detailed in the representative's disclosure supplement. The maximum management fee charged by USA Financial Securities is 2.7%.

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Location

6020 East Fulton, Ada, MI, 49301

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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
March 2021
Settled
Other Business ActivitiesSells Insurance

Gregory is involved in investment and insurance planning through Legacy Financial Services, selling insurance, annuities, and financial planning services, dedicating about a third of his time. He is also a board member for FPA of Illinois Chapter Inc. and a partner in Advisor Controls, a financial technology and marketing company, dedicating minimal time to each.

Employment History
Current Registrations
USA Financial Securities LLCBroker
February 2017 - Present · 9 yrs 3 mos
USA Financial Securities Corporation
February 2017 - Present · 9 yrs 3 mos
Previous Registrations
Woodbury Financial Services, INC.
January 2004 - February 2017 · 13 yrs 1 mo
Woodbury Financial Services, INC.Broker
January 2004 - February 2017 · 13 yrs 1 mo
Nylife Securities INC.Broker
February 2002 - January 2004 · 1 yr 11 mos
Pmg Securities CorporationBroker
September 2000 - February 2002 · 1 yr 5 mos
American United Life Insurance CompanyBroker
July 1999 - September 2000 · 1 yr 2 mos
Aul Equity Sales CORP.Broker
July 1999 - September 2000 · 1 yr 2 mos
State Registrations18 states
AZCODCFLGAIAILINKSMIMOMTNCNVSCTNTXWI
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.
Gregory Theis - Financial Advisor | TrueAdvisor