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Sara Mills-Gaines

Principal Securities, INC.
12 Years of Experience
Roseville, CA
4 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Sara Mills-Gaines is a registered investment advisor at Principal Securities, INC., based in Roseville, CA, with 12 years of industry experience. Sara is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 51,941 clients with $17B in assets under management.

Principal Securities, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1709 advisors
Number of Clients
51,941 clients
Average Client Portfolio
$328K average
Assets Under Management
$17.0B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $150K1.75%
$150K - $250K1.75%
$250K - $500K1.75%
$500K - $1000K1.20%
$1M+1.10%

Fees are negotiable and collected quarterly in arrears. Schedule reflects the SEI Managed Account Solutions program maximum fees. Other programs utilize promoter fees ranging from 0.07% to 1.50% or asset-based fees up to 1.95%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

2998 Douglas Blvd, Ste 330, Roseville, CA, 95661

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History

Regulatory History (4)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
March 2024
Judgment / Lien
June 2021
Financial
October 2017
Final
Judgment / Lien
June 2015
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Sara is involved in the sales and service of various insurance products, including fixed life, fixed annuities, disability insurance, long-term care, property and casualty, health, and group benefits. This activity takes about a quarter of Sara's time.

Employment History
Current Registrations
Principal Securities, INC.
August 2024 - Present · 2 yrs 2 mos
Principal Securities, INC.Broker
July 2024 - Present · 2 yrs 3 mos
Previous Registrations
Parsonex Advisory Services, INC.
January 2021 - July 2021 · 6 mos
Parsonex Securities, INC.Broker
March 2020 - May 2021 · 1 yr 2 mos
Parsonex Advisory Services, INC.
March 2020 - December 2020 · 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2016 - April 2018 · 1 yr 11 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
May 2016 - April 2018 · 1 yr 11 mos
Wells Fargo Advisors, LLCBroker
January 2011 - June 2015 · 4 yrs 5 mos
Wells Fargo Advisors, LLC
January 2011 - June 2015 · 4 yrs 5 mos
Wells Fargo Investments, LLC
April 2008 - January 2011 · 2 yrs 9 mos
Wells Fargo Investments, LLCBroker
March 2008 - January 2011 · 2 yrs 10 mos
State Registrations2 states
CANC
AdvisorBrokerBoth

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
No exam information available for this advisor.
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