KF
KF

Kyle Fults

15 Years of Experience
Chicago, IL
3 DisclosuresBrokerSells Insurance

Kyle Fults is a registered investment advisor at Bankers Life Advisory Services, INC., based in Chicago, IL, with 15 years of industry experience. Kyle operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
504 advisors
Number of Clients
11,822 clients
Average Client Portfolio
$164K average
Assets Under Management
$1.9B

Fee Structure

Investment management only (planning not offered)

Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.

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Location

303 E. Wacker Drive, Ste 500, Chicago, IL, 60601

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History

Regulatory History (3)
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.
Customer Dispute
September 2019
Denied
Criminal
September 2014
Final Disposition
Customer Dispute
January 2012
Settled
Other Business ActivitiesSells Insurance

Kyle is an agent for Bankers Life and Casualty Company, selling Medicare Supplement, Annuity and Equity Indexed annuity insurance products, life insurance, health, and LTC, dedicating nearly full-time hours to this. Kyle also has a business checking account registered as "Fults Financial Services, LLC" for deposits, formed for tax purposes.

Employment History
Current Registrations
Bankers Life Advisory Services, INC.
April 2018 - Present · 8 yrs 1 mo
Bankers Life Securities, INC.Broker
May 2016 - Present · 10 yrs
Previous Registrations
Proequities, INC.Broker
December 2010 - May 2016 · 5 yrs 5 mos
State Registrations4 states
COIANEPA
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.
Kyle Fults - Financial Advisor | TrueAdvisor