Erik Olson
Erik Olson is a registered investment advisor at Arete Wealth Advisors, LLC, based in Crystal Lake, IL, with 21 years of industry experience. Erik 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
1 North Virginia St, Suite D, Crystal Lake, IL, 60014
Get directionsHistory
Regulatory History (1)
Customer Dispute
June 2024Other Business ActivitiesSells Insurance
Erik is a board member and investment committee chair for Converge Foundation, and the owner of Olson Analytics, a data analysis and consulting firm. He also owns commercial real estate and provides financial planning practice support services, dedicating minimal time and about half his time, respectively, to these activities.
Employment History
Current Registrations
Arete Wealth Advisors, LLC
Arete Wealth Management, LLCBroker
Previous Registrations
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations5 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.