Alexander Means
Alexander Means is a registered investment advisor at Means Wealth Management, based in Bangor, ME, with 13 years of industry experience. Alexander operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 1,324 clients with $1.3B 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 | 2.00% |
| $100K - $500K | 1.60% |
| $500K - $1.0M | 1.25% |
| $1M+ | 1.00% |
Donor-Advised Funds and 529 Accounts: 0.75%. Means Wealth can charge higher or lower investment advisory fees, charge a flat fee, or charge a fee on a different interval, based upon certain criteria. Minimum annual fee for providing Investment Advisory Services of up to $5,000. Non-discretionary accounts and qualified charitable organizations often pay a lower fee. We provide advisory services to an investment club for a discounted fee.
Fee Estimator
Location
802 Stillwater Ave., Bangor, ME, 04401-3614
Get directionsHistory
Regulatory History (2)
Customer Dispute
June 2018Employment Separation After Allegations
December 2016Other Business Activities
Alexander is a partner in AJBB LLC, a real estate investment company focused on buying, selling, and renting homes. He dedicates minimal time to this venture and derives no compensation from it.
Employment History
Current Registrations
Means Wealth Management
Previous Registrations
Means Wealth ManagementBroker
Advantage Investment Management, LLC
LPL Financial LLCBroker
Silver Oak Securities, INC.
Silver Oak Securities, IncorporatedBroker
LPL Financial LLC
LPL Financial LLCBroker
Means Investment CO., INC.
Means Investment CO., INC.Broker
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.