Erik Hofstrom
Erik Hofstrom is a registered investment advisor at Independent Advisor Alliance, LLC, based in Charleston, SC, with 21 years of industry experience. Erik is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 45,002 clients with $17B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Maximum annual advisory fee is 2.00%. Fees are negotiable and may vary based on account size, complexity, and services included.
Fee Estimator
Location
77 Grove Street, Charleston, SC, 29403
Get directionsHistory
Regulatory History (1)
Criminal
August 1997Other Business ActivitiesSells Insurance
Erik operates Livswell as a DBA for his LPL and RIA businesses, dedicating significant time to these investment-related activities. He also acts as an agent for non-variable insurance through Sage Insurance Partners, spending minimal time on this.
Employment History
Current Registrations
Independent Advisor Alliance, LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
AXA Advisors, LLC
AXA Advisors, LLCBroker
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.
Exams
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