Steven Iversen
Steven Iversen is a registered investment advisor at Cross State Financial Group LLC, based in Albuquerque, NM, with 49 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 432 clients with $170M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cross State Financial Group charges an annual fee based on the value of your portfolio. The fee schedule varies depending on the size of your account and which branch manages it. For example, one fee schedule charges 1.50% on the first $100,000, while another charges 1.25% on the first $500,000. Fees are negotiable and may be lower if your household has multiple accounts.
Location
6721 Academy Rd. Ne, Suite B, Albuquerque, NM, 87109
Get directionsHistory
Regulatory History (1)
Regulatory
January 1985Other Business ActivitiesSells Insurance
Steven works as an independent contractor/enrolled agent for Cross State Tax & Financial, LLC, dedicating about 10-20% of his time to assisting tax preparers and preparing tax returns since 2022. Since 1993, he has also worked as an insurance agent, spending a few hours per week on sales and service of fixed insurance, long-term care, medical, Medicare supplements, and final insurance needs.
Employment History
Current Registrations
Cross State Financial Group LLC
Previous Registrations
Crown Capital Securities, L.P.
Crown Capital Securities, L.P.
Crown Capital Securities, L.P.Broker
Foothill Securities, INC.Broker
Foothill Securities, INC.
Next Financial Group, INC.
Next Financial Group, INC.Broker
Raymond James Financial Services
Raymond James Financial Services, INC.Broker
Boettcher & Company, INC.Broker
D. A. Davidson & CO. IncorporatedBroker
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.