Erik Luckstead
Erik Luckstead is a registered investment advisor at Virtue Capital Management, LLC, based in Fort Worth, TX, with 14 years of industry experience. Erik operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 4,294 clients with $1.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
VCM charges a percentage of your portfolio's value annually for investment management. The exact percentage is negotiated and can range from 1.00% to 1.95% per year. Fees are paid monthly, based on the average daily balance of your account. Related accounts may be combined to help clients meet fee breakpoints and lower the overall fee. Clients also pay a $12 monthly technology fee.
Location
1227 W. Magnolia Ave, Suite 250, Fort Worth, TX, 76104
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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
Erik is an independent Texas life and health insurance agent since 2009, spending a few hours per week on this. He is also a managing member of Wealthstead LLC, working as a business/loan consultant for minimal time.
Employment History
Current Registrations
Virtue Capital Management, LLC
Previous Registrations
Wealth Lock Financial Services, INC.
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.