Neely Elstrodt is a registered investment advisor at October Effect LTD., based in Virginia Beach, VA, with 16 years of industry experience. Neely operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 361 clients with $140M 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 $25K | 0.70% |
| $25K - $100K | 0.70% |
| $100K - $500K | 0.70% |
| $500K - $800K | 0.70% |
| $800K - $1.0M | 0.70% |
| $1.0M - $1.5M | 0.70% |
| $1.5M - $2.1M | 0.70% |
| $2.1M+ | 0.50% |
Fees may be negotiable if the client is part of a group (four or more buying/investing units). In addition, October Effect Ltd. Offers the following portfolios to qualified investors: Portfolio Annual Fee Quarterly fee Performance fee Aggressive Derivative 0.70% 0.175% 20% when net return exceeds 30% Aggressive Income 0.50% 0.125% 5% when net return exceeds 12%
Fee Estimator
Location
1270 Diamond Springs Road, #103, Virginia Beach, VA, 23462
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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
Neely is the treasurer at Tehel and Company, Inc., where he prepares tax returns for individuals and corporations. This takes nearly full-time, with about half of his time spent during trading hours.
Employment History
Current Registrations
October Effect LTD.
Previous Registrations
Lincoln Financial Advisors Corporation
State Registrations1 state
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