Herbert Nealy
Herbert Nealy is a registered investment advisor at Rmr Wealth Builders, INC., based in Bakersfield, CA, with 37 years of industry experience. Herbert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 2,099 clients with $2.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RMR Wealth Builders manages investment portfolios for clients, charging a percentage of the assets managed. The annual fee is a flat percentage of the total account value. The exact percentage is negotiable, but will not exceed 2.65%. Clients also pay an annual administrative fee of $80, charged quarterly. Clients can choose to have fees directly debited from their account or be billed directly.
Location
Bakersfield, CA
Get directionsHistory
Regulatory History (4)
Judgment / Lien
April 2016Judgment / Lien
November 2014Judgment / Lien
May 2014Customer Dispute
February 1999Other Business ActivitiesSells Insurance
Herbert is a financial advisor for RMR Wealth Builders Inc., which acts as an RIA and DBA for securities business, and also provides insurance, payroll, HR, consulting, and benefits administration services. He dedicates about 10-20% of his time to this, with a few hours per week during securities trading hours.
Employment History
Current Registrations
Rmr Wealth Builders, INC.
Previous Registrations
Calton & Associates, INC.Broker
Calton & Associates, INC.
Securities America, INC.Broker
Securities America Advisors, INC.
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Wells Fargo Investments, LLC
Wells Fargo Investments, LLCBroker
Bancwest Investment Services, INC.Broker
Citicorp Investment ServicesBroker
Morgan Stanley
Morgan Stanley Dw INC.Broker
Painewebber IncorporatedBroker
Walnut Street Securities, INC.Broker
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.