Myrah Favors
Myrah Favors is a ChFC-designated registered investment advisor at State Farm Investment Management CORP., based in South Sioux City, NE, with 17 years of industry experience. Myrah 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 3,575 clients with $13B 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 $100K | 1.25% |
| $100K - $500K | 1.00% |
| $500K - $1.0M | 0.75% |
| $1M+ | 0.50% |
Customized fees may be negotiated for total account values of $10,000,000 or more. Certain fee reductions apply for employees and accounts funded from specific previously established brokerage accounts.
Fee Estimator
Location
2801 Cornhusker Drive, South Sioux City, NE, 68776
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
Myrah owns Myrah Favors's Insurance Agency, an insurance agency affiliated with State Farm, where she services customers and supervises employees, dedicating about half of her time. She also serves as a board member and adjunct professor at Western Iowa Tech Community College, spending about 10-20% of her time, and is a board member at St. Luke's College Unity Point Health, requiring minimal time.
Employment History
Current Registrations
State Farm Investment Management CORP.
State Farm Vp Management CORP.Broker
State Farm Vp Management CORP.
State Registrations3 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.