TrueAdvisor
TrueAdvisor
CL
CL

Carl Lee

Thoroughbred Financial Services, LLC
46 Years of Experience
Jackson, TN
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Carl Lee is a registered investment advisor at Thoroughbred Financial Services, LLC, based in Jackson, TN, with 46 years of industry experience. Carl is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 3,567 clients with $4B in assets under management.

Thoroughbred Financial Services, LLC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
34 advisors
Number of Clients
3,567 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$4.0B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.75%
$1M+1.25%

Fees are negotiable. Schedule reflects the primary Thoroughbred and Cambridge programs. Other programs have different fee structures, such as Bond-Timing (1.15% to 1.75%), Vanguard/Ascensus (1.00%), Identified Portfolios/Managers (up to 2.00%), and Envestnet (up to 2.50%, $100K minimum).

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

7 Security Drive, Jackson, TN, 38305

Get directions

History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2021
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Carl is an insurance agent with Thoroughbred Financial Services since 2004, selling life, disability, medical, and long-term care insurance, dedicating a few hours per week to this. Carl also owns a bass tournament fishing business, spending about a quarter of his time on it.

Employment History
Current Registrations
Thoroughbred Financial Services, LLC
January 2004 - Present · 22 yrs 9 mos
Thoroughbred Financial Services, LLCBroker
April 2000 - Present · 26 yrs 6 mos
Previous Registrations
Advanced Financial Planning Securities CorporationBroker
April 1986 - April 2000 · 14 yrs
Capital Analysts, IncorporatedBroker
June 1980 - February 1986 · 5 yrs 8 mos
State Registrations5 states
ALARFLNCTN
AdvisorBrokerBoth

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
No exam information available for this advisor.
More Advisors
More financial advisors in Jackson, TN →All financial advisors in Tennessee →