Theodore Lakkides
Theodore Lakkides is a CFP-designated registered investment advisor at Financial Freedom House, based in Waterford, MI, with 44 years of industry experience. Theodore operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 533 clients with $210M 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 $50K | 1.50% |
| $50K - $100K | 1.35% |
| $100K - $250K | 1.20% |
| $250K - $500K | 1.00% |
| $500K - $1.0M | 0.80% |
| $1M+ | 0.40% |
Fees are calculated quarterly based on the portfolio value on the last day of the preceding quarter. An additional technology and recordkeeping fee of 0.15% applies to the first $1 million and 0.10% thereafter. Fees are negotiable.
Fee Estimator
Location
6515 Highland Rd, Suite 240, Waterford, MI, 48327-1668
Get directionsHistory
Regulatory History (1)
Customer Dispute
June 2009Other Business ActivitiesSells Insurance
Theodore is the president, board member, and instructor at Cygnet Institute of Personal Financial Literacy, dedicating nearly full-time hours to program development, sales, and instruction. He is also an insurance agent with Cygnet Financial Planning, spending a few hours per week soliciting life, disability, and fixed annuity business, and vice president and 50% shareholder of Corporate Plan Administrators, Inc., spending minimal time providing third party administration to supplemental insurance programs and ERISA fiduciary services.
Employment History
Current Registrations
Financial Freedom House
Previous Registrations
Triad Advisors LLCBroker
Equity Services, INC.Broker
New England SecuritiesBroker
Aig Equity Sales CORP.Broker
MML Investors Services, INC.Broker
Integrated Resources Equity CorporationBroker
Cigna Securities, INC.Broker
State Registrations3 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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