Reid Pierson is a registered investment advisor at Fmsa, based in Delray Beach, FL, with 2 years of industry experience. Reid operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,291 clients with $220M 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 $100K | 2.50% |
| $100K - $250K | 1.98% |
| $250K - $750K | 1.50% |
| $750K - $1000K | 1.25% |
| $1M+ | 1.00% |
Fees are negotiable for accounts.
Fee Estimator
Location
Delray Beach, FL
Get directionsHistory
Regulatory History (3)
Employment Separation After Allegations
June 2023Criminal
March 2023Criminal
May 2016Other Business Activities
Reid performs accounting and bookkeeping contract work for the Church Without Walls, a non-profit Baptist church, since 2018. This accounting work, including general ledger entries and accounts payable/receivable, takes about 10-20% of his time.
Employment History
Current Registrations
Fmsa
State Registrations1 state
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.