Jeffrey Stevens
Jeffrey Stevens is a registered investment advisor at Preferred Wealth Advisors, LLC, based in Freehold, NJ, with 9 years of industry experience. Jeffrey operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 35 clients with $6.3M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Preferred Wealth Advisors (PWA) offers investment management through various platforms and third-party managers. Here's a breakdown of the fees:
- EQIS Platform: Fees are charged by EQIS and include PWA's portion. The maximum annual fee ranges from 1.20% to 2.10% depending on the program (UMA or ETF) and the amount invested. PWA's maximum retention ranges from 0.60% to 1.15%.
- Orion Portfolio Solutions: PWA charges an annual advisory fee based on the amount managed, ranging from 0.50% to 1.00%. Orion also charges separate fees for administration, account maintenance, and strategist fees. The total annual fees for the Orion Portfolio Solutions Program may not exceed 2% of assets under management.
- Third-Party Managers (e.g., Gradient Investments): Fees vary depending on the portfolio type (Strategic, Tactical, Allocation & Defined Outcome, Preservation, Private Wealth) and are a percentage of assets under management. For example, Strategic Portfolios have a 2.00% annual fee, split between the third-party manager and PWA. Client Directed Accounts have a flat fee of $300 each for GI and PWA.
Fees may be negotiable, and accounts within the same household may be combined for a reduced fee.
Location
Freehold, NJ
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
May 2011Other Business ActivitiesSells Insurance
Jeffrey is an independent insurance agent selling fixed insurance products since 1974, and owns Preferred Retirement Strategies, LLC, involved in insurance sales and premium financing since 2013, taking about 10-20% of his time. He also owns The Stevens Agency, an insurance sales business, taking about a quarter of his time, and Preferred College Funding Strategies, taking a few hours per week.
Employment History
Current Registrations
Preferred Wealth Advisors, LLC
Previous Registrations
Gradient Advisors, LLC
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.