Perry Reed is a registered investment advisor at Perry D. Reed & Company, P.C., based in Longview, TX, with 22 years of industry experience. Perry operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Tax Planning.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Perry D. Reed & Company, P.C. does not directly manage investments. Instead, it refers clients to other investment firms and receives a portion of the fees those firms charge. As a solicitor for Stifel, Nicolaus & Company, Perry D. Reed & Company, P.C. receives 0.25% of the gross branch revenue of the manager. The fee schedule for Stifel, Nicolaus & Company is as follows:
- 1.25% on assets for the first $500,000
- 1.00% on assets for the second $500,000
- 0.75% on assets for the next $4 million
- 0.60% on assets for balances over $5 million.
For Wells Fargo Advisors, LLC accounts, Perry D. Reed & Company, P.C. receives 20% of the fees paid to Wells Fargo for old AG Edwards & Sons, Incorporated accounts and 25% for new Wells Fargo accounts. For Morgan Stanley, LLC accounts, Perry D. Reed & Company, P.C. receives 25% of the fees paid to Morgan Stanley, LLC.
Location
1223 Judson Road, Longview, TX, 75601
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Perry is the President and CEO of Perry D Reed & Company, P.C., working as a licensed CPA, which takes significantly more than full-time. He also manages Perry D Reed Investments, Inc. and Perry D Reed Family Limited Partnership, dedicating about 10-20% of his time to each, and is a managing member of the dormant Perry D Reed Productions, LLC.
Employment History
Current Registrations
Perry D. Reed & Company, P.C.
State Registrations1 state
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