DA
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Douglas Austin

2 Years of Experience
Grandville, MI
Broker

Douglas Austin is a registered investment advisor at Planmember Securities Corporation, based in Grandville, MI, with 2 years of industry experience. Their practice areas include Retirement Planning. Their firm serves 68,678 clients with $9B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
433 advisors
Number of Clients
68,678 clients
Average Client Portfolio
$132K average
Assets Under Management
$9.0B

Fee Structure

Minimum Investment:$2K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any0.70%

PlanMember Elite Program also charges a 0.20% administrative fee. Total fee for PlanMember Elite is 0.90%. The fee is for either the PlanMember Elite Program or the Scarborough Investment Advisory Accounts.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

3121 Macatawa Dr. SW, Grandville, MI, 49418

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Douglas works as a representative for Williams & Co, providing investment services, dedicating about 10-20% of his time. He also works full-time as a 5th-grade teacher at Grandville Public Schools and spends about 10-20% of his time as a realtor for Berkshire Hathaway.

Employment History
Current Registrations
Planmember Securities Corporation
April 2024 - Present · 2 yrs 3 mos
Planmember Securities CorporationBroker
July 2023 - Present · 3 yrs
State Registrations5 states
FLINMAMIOH
AdvisorBrokerBoth

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
No exam information available for this advisor.