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 Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 525 clients with $190M 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 - $1000K | 0.80% |
| $1M+ | 0.40% |
This account fee schedule does not include internal mutual fund/ETF expenses, platform/recordkeeping fees, or any fees charged by the account custodian, or other service providers. Cygnet reserves the right to negotiate lower fees with clients.
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.