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HS
CFP · ChFC
HS
CFP · ChFC

Herbert Smith

Kestra Advisory Services, LLC
58 Years of Experience
St. Louis, MO
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Herbert Smith is a CFP, ChFC-designated registered investment advisor at Kestra Advisory Services, LLC, based in St. Louis, MO, with 58 years of industry experience. Herbert is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 117,403 clients with $80B in assets under management.

Kestra Advisory Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1456 advisors
Number of Clients
117,403 clients
Average Client Portfolio
$680K average
Assets Under Management
$79.8B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Asset-based fees range up to 2.5% of assets under management and are negotiable based on account size, registration type, and services provided.

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

Location

4605 Lindell Blvd #1601, St. Louis, MO, 63108

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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
May 2017
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Herbert is the owner of Piatchek & Smith, LLC, where he works nearly full-time providing registered representative activities, insurance, and investment advisory services. He also serves on the board of directors for Midwest Vision Research Foundation and is an investment advisor representative with Kestra Advisory Services, LLC, and a SCORE mentor, dedicating minimal time to each.

Employment History
Current Registrations
Kestra Advisory Services, LLC
June 2016 - Present · 10 yrs 4 mos
Kestra Investment Services, LLCBroker
June 2001 - Present · 25 yrs 4 mos
Previous Registrations
NFP Advisor Services, LLC
June 2001 - September 2016 · 15 yrs 3 mos
MML Investors Services, INC.Broker
March 1996 - July 2001 · 5 yrs 4 mos
G. R. Phelps & CO., INC.Broker
March 1978 - March 1996 · 18 yrs
Acacia Equity Sales CorporationBroker
February 1975 - February 1978 · 3 yrs
Cg Equity Sales CompanyBroker
October 1967 - March 1975 · 7 yrs 5 mos
State Registrations5 states
CAFLMAMONM
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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