Erik Klumpp is a CFP-designated registered investment advisor at Chessie Advisors, LLC, based in Rochester Hills, MI, with 16 years of industry experience. Erik operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Corporate Executives, Education Planning, Estate Planning, and 7 more. Their firm serves 18 clients with $13M 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 | 0.90% |
| $500K - $1.0M | 0.72% |
| $1.0M - $2.0M | 0.48% |
| $2.0M - $4.0M | 0.36% |
| $4.0M - $10.0M | 0.24% |
| $10M+ | 0.24% |
Fees for assets over $10,000,000 are negotiable. Each tier's rate applies to the portion of assets falling within that range.
Fee Estimator
Contact
Erik Klumpp
Location
Rochester Hills, MI
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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 Activities
Erik is the Founder/President of Chessie Tax, LLC, providing tax preparation services, dedicating about 10-20% of his time. He is also the Founder/Director of Tax Operations for Magni Publicani, LLP (DBA Student Loan Tax Experts), spending a few hours per week on personal income tax return preparation.
Employment History
Current Registrations
Chessie Advisors, LLC
Previous Registrations
Baron Wealth Management, LLC
Mainstay Capital Management, LLC
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.
Exams
Additional Information
Erik was born in Michigan, grew up in northern Indiana, and now resides in Rochester Hills, Michigan with his wife, two sons, and his Chesapeake Bay Retriever, Maysie (the firm’s namesake).
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