John Somerville is a CFP-designated registered investment advisor at Somerville Associates, based in Farmington Hills, MI, with 4 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 1 more. Their firm serves 79 clients with $60M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Somerville Associates offers investment supervisory services based on a percentage of your portfolio. The annual fee ranges from $2,000 for accounts of $150,000 or less to 0.50% to 1.35% for accounts greater than that amount. The fee may be lower depending on the size of the account and the services provided. Fees are paid quarterly based on the market value of the account at the end of the previous quarter.
Location
Farmington Hills, MI
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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John is the President/Owner of Creative Edge Partners, LLC, a marketing and advertising agency, since 2010. He dedicates about half of his time to this business, including time during securities trading hours, focusing on client management, design, and marketing.
Employment History
Current Registrations
Somerville Associates
State Registrations1 state
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