Lester Quiroa
Lester Quiroa is a registered investment advisor at State Farm Investment Management CORP., based in Houston, TX, with 8 years of industry experience. Lester operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 3,575 clients with $13B 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 $100K | 1.25% |
| $100K - $500K | 1.00% |
| $500K - $1000K | 0.75% |
| $1M+ | 0.50% |
Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $45 (except as set forth below under “Fee Reductions”). For Accounts that qualify for a reduced Advisory Fee to the lowest Advisory Fee shown on the chart, such Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $18.75.
Fee Estimator
Location
2400 Augusta Dr, Ste 353, Houston, TX, 77057
Get directionsHistory
Regulatory History (1)
Criminal
March 2001Other Business ActivitiesSells Insurance
Lester is an agent team member at Chris Alfaro's Insurance Agency, an investment-related business. He services customers and dedicates about half of his time to this activity.
Employment History
Current Registrations
State Farm Investment Management CORP.
State Farm Vp Management CORP.
State Farm Vp Management CORP.Broker
Previous Registrations
Synergy Investment Group, LLCBroker
Fintegra, LLCBroker
PFS Investments INC.Broker
Kovack Securities INC.Broker
Investors Capital CORP.Broker
Andrew Garrett INC.Broker
Ehrenkrantz King Nussbaum, INC.Broker
S.W. Bach & CompanyBroker
State Registrations3 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.