Alex Hendrickson
Alex Hendrickson is a registered investment advisor at Colonial River Wealth Management LLC, based in Midlothian, VA, with 23 years of industry experience. Alex operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 1,034 clients with $340M 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 $250K | 1.60% |
| $250K - $500K | 1.45% |
| $500K - $750K | 1.30% |
| $750K - $1.2M | 1.15% |
| $1.3M - $5.0M | 0.95% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $25.0M | 0.55% |
| $25M+ | 0.35% |
Fees may be negotiable. Colonial River Premiere Solutions Clients will be charged a fee ranging from .15% to 1.00% based on the level of service selected. The fees for this service are in addition to the investment advisory fees described above.
Fee Estimator
Location
340 Browns Hill Court, Midlothian, VA, 23114
Get directionsHistory
Regulatory History (1)
Customer Dispute
August 2015Other Business ActivitiesSells Insurance
Alex owns multiple rental properties and provides investment advisory services through Colonial River Investments and Colonial River Wealth Management, spending about half of their time on these activities. Alex is also a non-variable insurance agent through Colonial River Financial.
Employment History
Current Registrations
Colonial River Wealth Management LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Ameriprise Financial Services, INC.Broker
Ameriprise Financial Services, INC.
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Bb&t Investment Services, INC.Broker
State Registrations11 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.