Daniel Fencl is a registered investment advisor at Fencl Advisory Services, LLC, based in Cedar Falls, IA, with 40 years of industry experience. Daniel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 173 clients with $88M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Fencl Advisory Services charges a maximum annual advisory fee of 2.00% of your portfolio. This fee is deducted from your account quarterly. Fees may be negotiable under certain circumstances. The minimum annual fee for all households is $4,000. A minimum of $400,000 of assets under management is generally required for this service, but this may be negotiable.
Location
422 Main Street, Cedar Falls, IA, 50613
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Daniel is an IAR for Fencl Advisory Services, LLC, providing investment management and financial planning advice, which accounts for approximately 95% of his time. He is also the CEO of ICM Financial Services, Inc., which provides retail business through Dominion Investor Services Inc. on an as-needed basis, taking minimal time.
Employment History
Current Registrations
Fencl Advisory Services, LLC
Previous Registrations
Dominion Investor Services, INC.Broker
T.L. Reed Securities, INC.Broker
Source Securities, INC.Broker
Berthel, Fisher & Fleischman Financial Services, INC.Broker
Protective Equity Services, INC.Broker
State Registrations2 states
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.