SF
PFS
SF
PFS

Steven Franzen

25 Years of Experience
Downers Grove, IL
Broker

Steven Franzen is a PFS-designated registered investment advisor at Vertex Partners, based in Downers Grove, IL, with 25 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 843 clients with $1B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
13 advisors
Number of Clients
843 clients
Average Client Portfolio
$1.2M average
Assets Under Management
$1.0B

Fee Structure

Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Annual management fee ranges between 0.30% and 2.00% depending on portfolio size, composition, and services rendered.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...

Location

3000 Woodcreek Drive, Suite 100, Downers Grove, IL, 60515

Get directions

History

Regulatory History
Clean regulatory record

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 Activities

Steven is involved in several business activities, including tax preparation/accounting through Steven P. Franzen CPA PC (taking up a significant portion of his time), serving as managing partner for Vertex Accounting Partners, LLC (full-time), and providing investment advisory services through Highpoint Advisor Group, LLC and VERTEX PARTNERS (about 10-20% of his time each). He also acts as a trustee for several trusts (minimal time).

Employment History
Current Registrations
Vertex Partners
June 2022 - Present · 4 yrs 4 mos
LPL Financial LLCBroker
September 2009 - Present · 17 yrs 1 mo
Previous Registrations
Highpoint Planning Partners
December 2021 - April 2022 · 4 mos
Highpoint Planning Partners
June 2016 - December 2021 · 5 yrs 6 mos
LPL Financial LLC
September 2009 - July 2022 · 12 yrs 10 mos
Waterstone Financial Group, INC.
October 2004 - September 2009 · 4 yrs 11 mos
Waterstone Financial Group, INC.Broker
November 2003 - September 2009 · 5 yrs 10 mos
Veravest Investment Advisors, INC.
September 2001 - November 2003 · 2 yrs 2 mos
Veravest Investments, INC.Broker
January 2001 - November 2003 · 2 yrs 10 mos
State Registrations9 states
AZCAFLGAILNETXWAWI
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.
More Advisors