Theodore Doremus is a registered investment advisor at Preston Wealth Advisors, LLC., based in Reston, VA, with 25 years of industry experience. Theodore operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Insurance Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 380 clients with $260M 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 $500K | 1.60% |
| $500K - $2.0M | 1.40% |
| $2.0M - $5.0M | 1.25% |
| $5M+ | 1.00% |
Fees are negotiable. The annual advisory fee charged by the firm will never be more than 2.0% of the client’s assets under management.
Fee Estimator
Location
1886 Metro Center Drive, Suite 620, Reston, VA, 20190
Get directionsHistory
Regulatory History (1)
Regulatory
September 2014Other Business Activities
Theodore is a common equity investor in Blue Line Capital and Diversified Real Estate Holdings LLC, both involved in flipping foreclosed properties. He allocates minimal time to these non-investment-related businesses.
Employment History
Current Registrations
Preston Wealth Advisors, LLC.
Previous Registrations
Preston Wealth Advisors LLC
Manna Capital ManagementBroker
Preston Wealth Management LLC
Lara, Shull & May, LLCBroker
Lara, Shull & May, LLC
Lara, Shull & May, LTD.
Lara, Shull & May, LTDBroker
State Registrations7 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.