DH
DH

Douglas Hortness

12 Years of Experience
Sioux Falls, SD
1 DisclosureBroker

Douglas Hortness is a registered investment advisor at Empower Advisory Group, LLC, based in Sioux Falls, SD, with 12 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 250,707 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1613 advisors
Number of Clients
250,707 clients
Average Client Portfolio
$635K average
Assets Under Management
$159.1B

Fee Structure

Planning is included in investment management
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K0.50%
$100K - $250K0.40%
$250K - $400K0.30%
$400K+0.20%

EAG reserves the right to offer discounted fees or waive periodic fees.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

Sioux Falls, SD

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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.
Criminal
April 1983
Final Disposition
Employment History
Current Registrations
Empower Advisory Group, LLC
June 2022 - Present · 3 yrs 11 mos
Empower Financial Services, INC.
January 2022 - Present · 4 yrs 4 mos
Empower Financial Services, INC.Broker
January 2022 - Present · 4 yrs 4 mos
Previous Registrations
Fbd Asset Mgmt
January 2021 - March 2021 · 2 mos
Intervest International, INC.
January 2017 - November 2020 · 3 yrs 10 mos
Intervest International Equities CorporationBroker
January 2017 - November 2020 · 3 yrs 10 mos
Scottrade, INC.Broker
September 2015 - November 2016 · 1 yr 2 mos
Great American Advisors, INC.Broker
December 2008 - September 2009 · 9 mos
Allstate Financial Services, LLCBroker
July 2008 - December 2008 · 5 mos
Metlife Securities INC.Broker
November 2003 - May 2004 · 6 mos
Metropolitan Life Insurance CompanyBroker
November 2003 - May 2004 · 6 mos
U.S. Bancorp Investments, INC.Broker
June 2003 - November 2003 · 5 mos
Edward JonesBroker
August 2001 - June 2002 · 10 mos
State Registrations45 states
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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.
Douglas Hortness - Financial Advisor | TrueAdvisor