Gerald Nelson
Gerald Nelson is a registered investment advisor at Principal Securities, INC., based in Memphis, TN, with 22 years of industry experience. Gerald operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 48,723 clients with $15B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Principal Securities offers investment management through third-party money managers. The fees you pay depend on the specific program you choose and the amount you invest.
Under the Investment Adviser arrangement, Principal Securities charges a separate advisory fee, which is negotiable but will not exceed the following:
SEI Investment Management Corporation (Managed Account Solutions):
- Up to 1.75% annually on assets up to $500,000
- Up to 1.20% annually on assets between $500,001 and $999,999
- Up to 1.10% annually on assets of $1 million and up
SEI Investment Management Corporation (Mutual Fund Model Program):
- Up to 1.75% annually on assets up to $500,000
- Up to 1.20% annually on assets between $500,001 and $999,999
- Up to 1.10% annually on assets between $1,000,000 and $2,000,000
- Up to 0.90% annually on assets of $2,000,001 and up
Fees are collected quarterly.
Under the Promoter arrangement, you don't pay Principal Securities any fees directly. The TPMM calculates and collects all fees and then pays a portion to Principal Securities as a promoter's fee, ranging from 0.07% to 1.5% of assets or up to 50% of the advisory fee.
Location
Memphis, TN
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Gerald is involved in several outside business activities, including fixed insurance sales, owning Taxmagnate, Inc., rental property, and Azariah Publishing, Inc. He also works as a bookkeeper and sells property and casualty insurance, dedicating about 10% of his time to the latter.
Employment History
Current Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
Previous Registrations
Waddell & Reed
Waddell & ReedBroker
First Tennessee Brokerage, INC.Broker
Ncf Financial 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.