Jerry Mcmillan is a registered investment advisor at Beacon Wealth Consultants, INC., based in Roanoke, VA, with 26 years of industry experience. Jerry operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 535 clients with $280M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.00% |
| $100K - $250K | 1.50% |
| $250K - $500K | 1.40% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.65% |
Accounts held with Nationwide/Jefferson National will pay the standard Nationwide/Jefferson National fee, as disclosed in the application paperwork from Nationwide/Jefferson National plus a 1% management fee to Beacon Wealth Consultants. Accounts held with Lincoln Financial, Allianz Life Insurance Company of North America and Security Benefit Life Insurance Company will pay the respective company’s standard fee, as disclosed in the company’s application paperwork plus 0.5% advisory fee to Beacon Wealth Consultants. Fees could be discounted or negotiated at Beacon Wealth Consultants’ sole discretion. Certain existing clients could be billed under fee schedules that are not described in this Brochure.
Fee Estimator
Location
302 Washington Ave. Sw, Roanoke, VA, 24016-4312
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
Jerry is an independent contractor selling life insurance, long-term care insurance, and fixed annuities since May 2017. He dedicates minimal time to this business.
Employment History
Current Registrations
Beacon Wealth Consultants, INC.
Previous Registrations
Bb&t Investment Services, INC.
Bb&t Investment Services, INC.Broker
Nationwide Securities, INC.Broker
State Registrations1 state
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