William Newton
William Newton is a registered investment advisor at Destiny Family Office, based in Jacksonville, FL, with 28 years of industry experience. William operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 1 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $20.0M | 0.65% |
| $20.0M - $50.0M | 0.45% |
| $50.0M - $75.0M | 0.35% |
| $75.0M - $100.0M | 0.30% |
| $100M+ | 0.25% |
Fees are for the standard DFO discretionary wrap fee program. In certain instances, a wrap fee negotiable up to 1.45% may be negotiated with the client. If the Registrant elects to utilize separate account managers in a client’s portfolio, the client’s combined fee for Registrant’s management services and the fees charges by any third-party manager shall not exceed 2.5% of the client’s assets under management.
Fee Estimator
Location
13400 Sutton Park Drive South, Unit 1501, Jacksonville, FL, 32224
Get directionsHistory
Regulatory History (3)
Customer Dispute
November 2018Customer Dispute
October 2018Customer Dispute
June 2001Other Business ActivitiesSells Insurance
William is an independent insurance agent, assisting business owners and affluent families obtain life and annuity insurance, dedicating a few hours per week to this activity. He also conducts seminars on mortgage strategies and discusses using equity index universal life insurance.
Employment History
Current Registrations
Destiny Family Office
Destiny Wealth Partners, LLC
Previous Registrations
Sterling Newton, INC.
Sterling Newton, INC.
Rk Advisors
Raymond James Financial Services
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.