Charles Cumber is a registered investment advisor at Simplicity Wealth, based in Albuquerque, NM, with 30 years of industry experience. Charles 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 5,619 clients with $3.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Simplicity Wealth's fees are based on a percentage of your assets under management, ranging from 0.10% to 2.00%. The specific fee depends on the services selected by your advisor. The fees cover investment management, research, monitoring, and other operational services. Additional fees may include model manager fees, custodial fees, and transaction fees. Simplicity Wealth also offers proprietary model portfolios.
Location
Albuquerque, NM
Get directionsHistory
Regulatory History (2)
Regulatory
September 2017Employment Separation After Allegations
February 2017Other Business ActivitiesSells Insurance
Charles is involved with Empowered Wealth Management, selling index annuities and life insurance since 1995. This activity takes about a quarter of his time.
Employment History
Current Registrations
Simplicity Wealth
Previous Registrations
Union Capital Company
Union Capital CompanyBroker
Brokers International Financial Services, LLC.Broker
Brokers Financial
Wells Fargo Clearing Services, LLC
Wells Fargo Clearing Services, LLCBroker
U.S. Bancorp Investments, INC.
U.S. Bancorp Investments, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Banc of America Investment Services, INC.Broker
Brokers International Financial Services, LLC.Broker
Allstate Financial Services, LLCBroker
Metropolitan Life Insurance CompanyBroker
Metlife Securities 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.