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Khomeini Khan

24 Years of Experience
Oak Brook, IL
BrokerSells Insurance

Khomeini Khan is a registered investment advisor at Equitable Advisors, LLC, based in Oak Brook, IL, with 24 years of industry experience. Khomeini operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 69,432 clients with $38B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4570 advisors
Number of Clients
69,432 clients
Average Client Portfolio
$548K average
Assets Under Management
$38.0B

Fee Structure

Planning is included in investment management (also available separately)

Equitable Advisors offers investment management through LPL Financial programs and third-party asset managers (TAMPs). Fees vary depending on the program and assets invested.

For LPL programs like SAM, fees are based on a percentage of your portfolio. In some cases, you can choose whether to pay transaction charges directly or have the advisor pay them, which affects the overall advisory fee.

When using TAMPs, the fees are determined by the TAMP and a portion is paid to Equitable Advisors. The specific fees, minimums, and arrangements vary by TAMP, so it's important to review their brochures.

Equitable Advisors also offers ERISA fiduciary services to retirement plans, with fees determined by the specific services provided.

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Location

1515 W. 22nd Street, Suite 400, Oak Brook, IL, 60523

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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.

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Other Business ActivitiesSells Insurance

Khomeini is a consultant at Aspire Benefits Group, LLC, performing employee benefits analysis, dedicating a few hours per week. He is also the owner and CEO of Sustainable Ventures, a real estate investing company, dedicating a few hours per week and receiving $10,000 in compensation per year. Khomeini is also an outside insurance broker.

Employment History
Current Registrations
Equitable Advisors, LLC
September 2005 - Present · 20 yrs 10 mos
Equitable Advisors, LLCBroker
February 2003 - Present · 23 yrs 5 mos
Equitable Advisors, LLC
February 2003 - Present · 23 yrs 5 mos
Previous Registrations
Metropolitan Life Insurance CompanyBroker
August 2001 - August 2002 · 1 yr
Metlife Securities INC.Broker
August 2001 - August 2002 · 1 yr
State Registrations11 states
AZCAGAILINKSLAMONCWAWI
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.