Erik Herstad is a registered investment advisor at Cx Institutional, LLC, based in Auburn, IN, with 12 years of industry experience. Erik operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 4,560 clients with $4.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Program fees consist of an investment advisory fee and strategy fee, up to a maximum of 2.0% annually, and are negotiable.
Fee Estimator
Location
200 East 7th Street, Auburn, IN, 46706
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2025Other Business Activities
Erik works as a notary, dedicating minimal time to this activity. This activity is not investment-related.
Employment History
Current Registrations
Cx Institutional, LLC
Previous Registrations
Cxi Advisors, LLC
Hefty Wealth Partners
LPL Financial LLCBroker
Proequities, INC.Broker
Everence Trust Company
State Registrations2 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.
Exams
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