Paul Espey
Paul Espey is a CFP-designated registered investment advisor at Arete Wealth Advisors, LLC, based in West Des Moines, IA, with 21 years of industry experience. Paul operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 5,426 clients with $2.7B 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 $249K | 3.00% |
| $249K - $750K | 2.50% |
| $750K - $1.5M | 2.00% |
| $1.5M - $5.0M | 1.75% |
| $5M+ | 1.50% |
Fees are negotiable. A $50,000 initial minimum account balance is generally required, but may be waived.
Fee Estimator
Location
160 S 68th Street, Suite 1204, West Des Moines, IA, 50266
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2012Other Business ActivitiesSells Insurance
Paul is a partner and investment advisor at Silvercap Wealth Management, Inc., which is also a DBA for an investment/financial planning company. He is also an independent insurance agent and a partner at Silvercap Tax Services LLC, dedicating about 10-20% of his time seasonally to tax preparation.
Employment History
Current Registrations
Arete Wealth Advisors, LLC
Arete Wealth Management, LLCBroker
Previous Registrations
Dewaay Capital Management
Dewaay Financial Network, LLCBroker
LPL Financial LLCBroker
Scout Wealth Management, INC.
Dewaay Capital Management
Dewaay Financial Network, LLCBroker
Morgan Stanley
Morgan Stanley Dw INC.Broker
Ing Financial Partners, INC.Broker
Ing Financial Advisers, LLCBroker
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.