Glen Pier
Glen Pier is a registered investment advisor at Prosperity Capital Advisors, based in Arden, NC, with 21 years of industry experience. Glen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 7,096 clients with $3.7B 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 $500K | 0.60% |
| $500K - $1000K | 0.50% |
| $1.0M - $2.0M | 0.40% |
| $2.0M - $5.0M | 0.35% |
| $5M+ | 0.30% |
The platform fee tier schedule is based on billable assets and excludes non-billable assets such as unmanaged accounts. The total annual fee for investment management services for retail clients typically varies between 0.20% and 2.0% depending upon several factors, including the market value of the assets under management and the types of services to be rendered. PCA charges a $150.00 minimum annual investment management fee which may result in a fee greater than 2.0%.
Fee Estimator
Location
3400 Sweeten Creek Road, Suite A, Arden, NC, 28704
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2011Other Business ActivitiesSells Insurance
Glen is involved in several business activities, including property management through Royal Pines LLC and Pier Properties LLC, and Avatar course training. He is also the president of Infinity Tax Advisors, chapter president for AFEA, and an advisor for Prosperity Capital Advisors, and provides trust creation support. Glen also sells fixed insurance products including life, health, disability, annuities, Medicare supplements, and long-term care, dedicating a few hours per week to this.
Employment History
Current Registrations
Prosperity Capital Advisors
Previous Registrations
Mercap Securities, LLCBroker
Ic Advisory Services, INC.
The Investment Center, INC.Broker
Next Financial Group, INC.
Next Financial Group, INC.Broker
Questar Asset Management, INC.
Usallianz Securities, INC.Broker
Usallianz Securities, INC.Broker
State Registrations4 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.