George Bates
George Bates is a registered investment advisor at Bates Financial Advisors, INC., based in Rockford, IL, with 53 years of industry experience. George 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 427 clients with $400M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Bates Financial Advisors manages investment portfolios for a fee based on a percentage of the value of your portfolio, generally ranging from 0.25% to 1.00% per year. There is a $100,000 minimum to use this service, but this may be negotiable. There is also a $175 minimum quarterly fee.
Location
8437 Northern Ave, Rockford, IL, 61107
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
George is the owner, president, CCO, and advisor at Bates Financial Advisors, Inc., dedicating a significant amount of time as an investment advisor. He also owns Bates Financial Services, Inc. as an insurance agent, but spends minimal time on this activity, and is a racing horse partner at Bates Quarter Horses, spending about a quarter of his time on this activity. George is also the president of Guatemalan Children's Education and Relief Fund NFP, spending a few hours per week.
Employment History
Current Registrations
Bates Financial Advisors, INC.
Bates Securities, INC.Broker
Previous Registrations
Bates Financial Advisors, INC.
Lincoln National Pension Insurance CompanyBroker
Boraiko, INC.Broker
Oberweis Securities, INC.Broker
Bridegan-Conrads & CO., INC.Broker
American General Capital Planning, INC.Broker
The Lincoln National Life Insurance CompanyBroker
The Variable Annuity Marketing CompanyBroker
The Vamco of Illinois INCBroker
State Registrations23 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.