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Robert Bute

Independent Financial Group, LLC
25 Years of Experience
Metairie, LA
1 DisclosureBrokerSells Insurance
View SEC Summary
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Robert Bute is a registered investment advisor at Independent Financial Group, LLC, based in Metairie, LA, with 25 years of industry experience. Robert is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 9 more. Their firm serves 26,635 clients with $13B in assets under management.

Independent Financial Group, LLC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
541 advisors
Number of Clients
26,635 clients
Average Client Portfolio
$485K average
Assets Under Management
$12.9B

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K2.00%
$500K - $1.0M2.00%
$1.0M - $2.0M2.00%
$2.0M - $5.0M2.00%
$5M+2.00%

Maximum advisor fee is shown; program fees (0.04% to 0.16%) and transaction charges may apply depending on the selected program. Fees are negotiable.

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

Location

1 Galleria Blvd #190, Metairie, LA, 70001

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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.
Judgment / Lien
April 2010
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Robert is an independent contractor for Destiny Insurance Agency, offering various insurance products, and owns Destiny Investments, a DBA used for marketing purposes. He also works as an instructor for Adult Financial Education Alliance, providing financial education to the community; the insurance activity takes about 10-20% of his time and the DBA takes nearly full-time.

Employment History
Current Registrations
Independent Financial Group, LLCBroker
December 2010 - Present · 15 yrs 10 mos
Independent Financial Group, LLC
December 2010 - Present · 15 yrs 10 mos
Previous Registrations
Investors Capital CORP.Broker
August 2006 - December 2010 · 4 yrs 4 mos
Investors Capital Advisory
August 2006 - December 2010 · 4 yrs 4 mos
H&r Block Financial Advisors, INC.
March 2005 - August 2006 · 1 yr 5 mos
H&r Block Financial Advisors, INC.Broker
February 2005 - August 2006 · 1 yr 6 mos
Citigroup Global Markets INC.Broker
December 2000 - March 2005 · 4 yrs 3 mos
State Registrations7 states
ALFLKYLAMDMSTX
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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