Derek Williams is a ChFC-designated registered investment advisor at Savvy, based in New York, NY, with 18 years of industry experience. Derek operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,207 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Savvy Advisors charges a percentage of your managed assets. These fees are negotiable and typically range from 0.3% to 1.9% per year, depending on the size and complexity of your account. Fees are billed either quarterly or monthly, in arrears or in advance. Savvy generally requires a $500,000 minimum account size, but this is negotiable. In some cases, investment management fees will be based on a percentage of the client’s net worth, ranging between 0.1% and 0.4%. Clients may be charged an additional fee for direct indexing and covered calls strategies.
Location
111 West 33rd Street, Unit 1410, New York, NY, 10001
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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 ActivitiesSells Insurance
Derek is contracted with multiple carriers for term and IUL insurance products, dedicating minimal time to this activity. He also owns Derek Williams Financial Services, Inc. and True Harvest Wealth Management, LLC, spending about half his time on the former and about a quarter of his time on the latter.
Employment History
Current Registrations
Savvy
Previous Registrations
Raymond James Financial Services Advisors, INC
Country Capital Management CompanyBroker
State Registrations1 state
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