Stephen Scherer is a registered investment advisor at Private Financial Counseling, based in Los Angeles, CA, with 28 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 254 clients with $260M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $6.0M | 1.00% |
| $6.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
Fees may be negotiable. Schedule shown is for Equity and Balanced Portfolios. Fixed Income Portfolios have a different schedule: First $10M: 0.60%, Next $5M: 0.50%, Next $15M: 0.40%, Over $35M: 0.30%
Fee Estimator
Location
1901 Avenue of the Stars, 11th Fl., Los Angeles, CA, 90067
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Regulatory History
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.
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Stephen is a partner/president at Scherer & Bradford, a professional law corporation, since 1992. He dedicates about 10-20% of his time to this law practice, including during securities trading hours.
Employment History
Current Registrations
Private Financial Counseling
State Registrations1 state
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