Timothy Lay
Timothy Lay is a registered investment advisor at Founders Financial Securities, LLC, based in Sisters, OR, with 20 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 9,021 clients with $3.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FFS offers several investment management programs. Fees are determined separately for each account and are negotiable, based on factors like assets under management, account structure, and services provided. Fees are generally a percentage of assets under management and can be charged quarterly or monthly, in advance or arrears.
Independence Advisory accounts typically do not exceed 2.50% annually. The Managed Portfolio Program has a fee of 1.65% annually. FCMS Private Wealth Solutions fees do not exceed 1.70% of the first $1,000,000 and 1.40% thereafter, annually. Nationwide Variable Annuity fees do not exceed 1.50% annually.
Some programs have minimum account balances and additional custodial fees that could result in an effective rate greater than the stated percentage.
Location
Sisters, OR
Get directionsHistory
Regulatory History (4)
Judgment / Lien
June 2025Judgment / Lien
April 2025Judgment / Lien
March 2025Employment Separation After Allegations
September 2007Other Business ActivitiesSells Insurance
Timothy is the president of TPA Financial, offering investment advisory services, fee-based financial services, fixed insurance, and equity-indexed annuities, dedicating about half of his time. He is also the president/owner of Money Character, focusing on financial literacy and education, and the president/CEO of Trusted Partners Alliance, a consulting, marketing, and lead generation firm, dedicating a few hours per week to each.
Employment History
Current Registrations
Founders Financial Securities, LLC
Founders Financial Securities LLCBroker
Previous Registrations
Founders Financial Securities, LLC
Transamerica Financial Advisors, INC.
Transamerica Financial Advisors, INCBroker
Investment Advisors International, INC.
World Group Securities, INC.Broker
1717 Capital Management Company
1717 Capital Management CompanyBroker
Wma Securities, INC.Broker
State Registrations3 states
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.