Charles Jones
Charles Jones is a ChFC-designated registered investment advisor at Spc, based in Sioux Falls, SD, with 11 years of industry experience. Charles operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
6901 S. Lyncrest Place Suite 102, Sioux Falls, SD, 57108
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Regulatory History (1)
Customer Dispute
August 2020Other Business ActivitiesSells Insurance
Charles is a musician, a city council member, and a personal financial counselor for military personnel. He also sells insurance products, including fixed index annuities, and provides financial services through Parkland Securities as Sasquatch Financial Group, dedicating nearly full-time hours to this.
Employment History
Current Registrations
Spc
Parkland Securities, LLCBroker
Previous Registrations
Nylife Securities LLCBroker
State Registrations7 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.