Joe Townsend
Joe Townsend is a ChFC-designated registered investment advisor at Principal Securities, INC., based in Jacksonville, FL, with 51 years of industry experience. Joe is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 51,941 clients with $17B 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 $150K | 1.75% |
| $150K - $250K | 1.75% |
| $250K - $500K | 1.75% |
| $500K - $1000K | 1.20% |
| $1M+ | 1.10% |
Fees are negotiable and collected quarterly in arrears. Schedule reflects the SEI Managed Account Solutions program maximum fees. Other programs utilize promoter fees ranging from 0.07% to 1.50% or asset-based fees up to 1.95%.
Fee Estimator
Location
7077 Bonneval Rd, Ste 380, Jacksonville, FL, 32216
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Joe is a director for International Cooperating Ministries, a board member for First Coast Women's Services and the Samuel C. Taylor Foundation, and an officer for Rita's World LLC. He also works as an insurance agent selling life, long-term care, annuities, disability, health, and medical insurance, dedicating about 10-20% of his time to this.
Employment History
Current Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
Previous Registrations
Equico Securities, INC.Broker
The Equitable Life Assurance Society of the United StatesBroker
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.
Exams
More Advisors
- John Langley, CFPPrincipal Securities, INC.
- Francis GoyettePrincipal Securities, INC.
- William NicholsPrincipal Securities, INC.
- Dwight Larkin, ChFCPrincipal Securities, INC.
- Craig DekshenieksPrincipal Securities, INC.
- Robert RodriguezPrincipal Securities, INC.