Jay Carter is a registered investment advisor at Trust Advisory Group LTD, based in Birmingham, AL, with 29 years of industry experience. Jay operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Financial Planning & Coaching, Insurance Planning, and 2 more. Their firm serves 1,119 clients with $490M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
The fee for investment management services is negotiated between you and your financial advisor, with a maximum of 2.00% of the value of your investments annually (1.50% for annuity allocations). There is a minimum annual fee of $200, or $300 for Unified Managed Accounts. Fees are typically calculated quarterly or monthly in advance, but can be calculated in arrears. If you terminate the agreement early, you'll receive a prorated refund of any fees paid in advance. The American Funds F2 Direct-at-Fund Platform has a fixed fee of 0.75% of all assets.
Location
2 Perimeter Park South, Suite 500 West, Birmingham, AL, 35243
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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.
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Jay is a co-owner of Precision Tactical Arms Co. Inc., a firearms, ammo, and related supplies business, since 2013. He provided working capital and serves as a silent partner with no day-to-day duties, dedicating minimal time to the business.
Employment History
Current Registrations
Trust Advisory Group LTD
Stonex Advisors INC.
Stonex Securities INC.Broker
Previous Registrations
Sterne Agee Asset Management, INC.
Sterne, Agee & Leach, INC.Broker
Sterne Agee Capital Markets, INC.Broker
Fiserv Investor Services, INC.Broker
Fimi Securities, INC.Broker
Waddell & Reed, INC.Broker
State Registrations50 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.