Timothy Banks
Timothy Banks is a registered investment advisor at The Worley Banks Group, LLC, based in Creve Coeur, MO, with 23 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management. Their firm serves 749 clients with $180M 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 $500K | 1.25% |
| $500K - $1000K | 1.15% |
| $1.0M - $2.0M | 0.95% |
| $2.0M - $3.0M | 0.85% |
| $3.0M - $4.0M | 0.75% |
| $4M+ | 0.75% |
Fees negotiable for accounts over $4,000,000.
Fee Estimator
Location
6 Cityplace Drive, Suite 460, Creve Coeur, MO, 63141
Get directionsHistory
Regulatory History (4)
Customer Dispute
May 2024Customer Dispute
January 2024Customer Dispute
July 2020Customer Dispute
December 2004Other Business ActivitiesSells Insurance
Timothy is an independent insurance agent with The Worley Banks Group since 2020, dedicating about 10-20% of his time to insurance sales. He is also a passive investor as a share class owner in Old Webster Ownership, LLC since 2019.
Employment History
Current Registrations
The Worley Banks Group, LLC
Previous Registrations
Private Client Services, LLCBroker
Rfg Advisory, LLC
LPL Financial LLC
LPL Financial LLCBroker
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
American General Securities Incorporated
American General Securities IncorporatedBroker
American General Securities IncorporatedBroker
Franklin Financial Services CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations1 state
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.