Jai Prabakaran is a registered investment advisor at Archer Investment Corporation, based in Los Angeles, CA, with 4 years of industry experience. Jai operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 5,640 clients with $900M 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 $500K | 1.00% |
| $500K - $1000K | 0.75% |
| $1M+ | 0.50% |
Fees may be negotiable. Archer may charge lesser or more on each account up to a 1% investment management fee based upon certain criteria.
Fee Estimator
Location
11901 Santa Monica Blvd #401, Los Angeles, CA, 90025
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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 Activities
Jai is the president of Pacific ERP Inc., providing technology consulting in accounting software and data management since 2012. Jai is also president of Pacific Taxes and Investments for tax preparation and accounting, and spends about a quarter of their time on these activities.
Employment History
Current Registrations
Archer Investment Corporation
Previous Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
Avantax Advisory Services
Hd Vest Investment ServicesBroker
Hd Vest Investment ServicesBroker
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.