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Derek Carter

Esi Financial Advisors
14 Years of Experience
Roanoke, VA
1 DisclosureBrokerSells Insurance
View SEC Summary
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Derek Carter is a registered investment advisor at Esi Financial Advisors, based in Roanoke, VA, with 14 years of industry experience. Derek is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 12,379 clients with $2.8B in assets under management.

Esi Financial Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
536 advisors
Number of Clients
12,379 clients
Average Client Portfolio
$224K average
Assets Under Management
$2.8B

Fee Structure

Minimum Investment:$10K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $2.5M0.75%
$2.5M - $5.0M0.60%
$5.0M - $10.0M0.50%
$10M+0.35%

Rates reflect the primary schedule used in programs like American Funds and Schwab Retirement Advisor Services. Other programs have different maximum fees (AssetMark up to 1.50%, Saratoga up to 2.00%, SEI up to 1.75% plus 0.05% administrative fee). Actual fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

4401 STARKEY RoaD, Po Drawer 21209, Roanoke, VA, 24018

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History

Regulatory History (1)
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Criminal
February 2020
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Derek is an insurance agent selling life, health, disability, and annuity products through National Financial Services/Fairway Financial Partners, dedicating nearly full-time hours to this. He also works as a shuttle driver, spending about 10% of his time on this non-investment related activity.

Employment History
Current Registrations
Equity Services, INC.Broker
August 2019 - Present · 7 yrs 2 mos
Esi Financial Advisors
August 2019 - Present · 7 yrs 2 mos
Previous Registrations
AXA Advisors, LLC
July 2016 - July 2019 · 3 yrs
AXA Advisors, LLCBroker
July 2016 - July 2019 · 3 yrs
Geneos Wealth Management, INC.Broker
September 2015 - November 2015 · 2 mos
Geneos Wealth Management, INC.
September 2015 - November 2015 · 2 mos
Wells Fargo Advisors, LLC
November 2012 - June 2014 · 1 yr 7 mos
Wells Fargo Advisors, LLCBroker
October 2012 - June 2014 · 1 yr 8 mos
Banc of America Securities LLCBroker
January 2000 - August 2002 · 2 yrs 7 mos
State Registrations1 state
VA
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.
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