Erik Hoffman
Erik Hoffman is a registered investment advisor at Silver Oak Securities, INC., based in Florence, KY, with 16 years of industry experience. Erik operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 2 more. Their firm serves 8,671 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Silver Oak Securities offers investment management through its Compass and AdvisorFX programs. The advisor fee is negotiable, with a maximum of 2% of assets. In addition to the advisor fee, there is a platform fee that includes a flat $45 per year and an asset-based fee between 0.08% and 0.15% for Compass accounts, and 0.20% for AdvisorFX accounts. Fees are billed quarterly or monthly, either in arrears or in advance. The platform fee covers access to account data, performance reporting, and other services.
Location
75 Cavalier Blvd Ste. 316, Florence, KY, 41042
Get directionsHistory
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 ActivitiesSells Insurance
Erik is a life insurance agent with Penn Mutual Life since 2015, and an agent selling equity indexed annuities and life insurance with One Resource Group/Impact Partnership/Advisors Excel since 2015, each taking about a quarter of his time. He is also President of Boardroom Brokerage, selling fixed indexed annuities and life insurance, dedicating minimal time, and an insurance sales agent with Retirement Security Group, dedicating about 10-20% of his time.
Employment History
Current Registrations
Silver Oak Securities, INC.
Silver Oak Securities, IncorporatedBroker
Previous Registrations
Fidelity Brokerage Services LLCBroker
Silver Oak Securities, IncorporatedBroker
Cfd Investments, INC.Broker
State Registrations13 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.