Joann May is a CFP, PFS-designated registered investment advisor at Forest Asset Management LLC, based in Riverside, IL, with 19 years of industry experience. Joann operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, Investment Management, and 3 more. Their firm serves 114 clients with $230M 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 | 1.25% |
| $500K - $1000K | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.70% |
| $5M+ | 0.60% |
For clients with AUM greater than $7 million, the standard fee rate is typically 0.60%. However, there is flexibility to negotiate fees based on specific factors such as the complexity of the account or client relationship and the unique needs of the client. In some circumstances a flat fee can be negotiated annually.
Fee Estimator
Contact
Joann May
Location
345 E. Burlington Street, Suite C1, Riverside, IL, 60546
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Joann is a general partner in the Riverside Fund Money Club, an investment club, since 1995.
Employment History
Current Registrations
Forest Asset Management LLC
State Registrations2 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.
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