Erven Frericks
Erven Frericks is a CFP-designated registered investment advisor at Vestech Asset Management INC., based in Saint Louis, MO, with 44 years of industry experience. Erven 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, Insurance Planning, and 3 more. Their firm serves 270 clients with $100M 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 | 2.00% |
| $500K - $1.0M | 1.50% |
| $1M+ | 1.50% |
Fees are negotiable for accounts over $1,000,000. The total amount of the fee a client pays will not exceed industry standards of excessive fees, which is 2.00% annually.
Fee Estimator
Location
11477 Olde Cabin Road, Suite 310, Saint Louis, MO, 63141
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
May 2018Customer Dispute
May 2018Other Business ActivitiesSells Insurance
Erven works as a casino party dealer for charity events, a referral source for Heartland Payment Systems, and an insurance agent selling various insurance products. He also works full-time as a financial representative for Vestech Securities, Inc.
Employment History
Current Registrations
Vestech Asset Management INC.
Vestech Securities, INC.
Vestech Securities, INC.Broker
Previous Registrations
Royal Alliance Associates, INC.
Royal Alliance Associates, INC.Broker
Pines Financial Group, INC.
Walnut Street Securities, INC.Broker
American Capital Equities, INC.Broker
Ffp Securities, INC.Broker
First Affiliated Securities, INC.Broker
Fsc Securities CorporationBroker
State Registrations4 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.