Derek Nutter
Derek Nutter is a registered investment advisor at Pine Grove Financial Group, based in Woodbury, MN, with 21 years of industry experience. Derek operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 1,388 clients with $1.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Pine Grove Financial Group offers ongoing investment management for a fee based on a percentage of your portfolio's value. The annual fee can be up to 1.25%. If a third-party advisor is used to manage part of your portfolio, their fee will be separate and typically no more than 0.35% per year. There is a $250,000 minimum account size.
Location
796 Bielenberg Dr., Suite 103, Woodbury, MN, 55125-1412
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Regulatory History (1)
Criminal
April 2003Other Business ActivitiesSells Insurance
Derek is an insurance agent selling life insurance, annuities, and long-term care, dedicating a few hours per week. He is also an advisory representative for Advisornet Wealth Management and 100% owner of Nutter Wealth Management, both wealth management businesses, and a registered representative for Advisornet Financial, Inc., all of which take up nearly all of his time. Derek also owns rental property, spending minimal time on it.
Employment History
Current Registrations
Pine Grove Financial Group
Previous Registrations
Advisornet Wealth Management
Cetera Advisor Networks LLC
Cetera Advisor Networks LLCBroker
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.