Robert Lockwood
Robert Lockwood is a registered investment advisor at Osaic Wealth, INC., based in Bradley, IL, with 41 years of industry experience. Robert is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.
- Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
- Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
- Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.
Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.
Location
Bradley, IL
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 1993Criminal
November 1983Other Business ActivitiesSells Insurance
Robert owns Lockwood Financial Advisory Services, a sole proprietorship, where he dedicates a few hours per week to insurance consulting and sales of fixed products, life, fixed annuities, long term care, and disability insurance. He is also a participant in Pathways Financial Group, LLC, but dedicates no time to it.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Fsc Securities Corporation
Fsc Securities Corporation
Fsc Securities CorporationBroker
Waterstone Financial Group, INC.
Waterstone Financial Group, INC.Broker
Re-Direct Securities CORP
Re-Direct Securities CORPBroker
Gibraltar Investments, INC.Broker
Gibraltar InvestmentsBroker
William Barton Financial, INC.Broker
Rodman & Renshaw INC.Broker
Bear, Stearns & CO. INC.Broker
Dean Witter Reynolds INC.Broker
Equico Securities, INC.Broker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations5 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
More Advisors
- Matthew Nafziger, ChFCState Farm Investment Management CORP.