Stephen Bain is a CFP-designated registered investment advisor at Partners in Financial Planning, LLC, based in Salem, VA, with 10 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Medical Professionals, and 2 more. Their firm serves 389 clients with $780M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
PIFP charges an annual retainer fee for investment management services, calculated quarterly. This fee includes both investment advice and ongoing financial planning. The total fee typically ranges from 0.25% to 1.00% per year, depending on the size and complexity of the client's accounts, whether tax preparation is involved, whether there are specifically negotiated fees, and whether they are on a historically grandfathered fee schedule. New clients are required to prepay the first three months of fees.
Contact
Stephen Bain
Location
421 South College Avenue, Salem, VA, 24153
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Partners in Financial Planning, LLC
State Registrations1 state
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
Additional Information
Stephen has been part of the Partners in Financial Planning family since 2016. Stephen started working in the financial planning industry right after college, starting in the Greensboro, NC area before moving back to Virginia and settling in Salem in 2016. He holds a finance degree from Virginia Tech, with a concentration in financial planning. Stephen is dedicated to his CrossFit training every morning before work and his black lab, Hudson, keeps him busy with his own training of sorts. When he is not at the gym or hanging out with Hudson, you are most likely to find him on a golf course or at a Virginia Tech sporting event.