Karen Degro
Karen Degro is a registered investment advisor at Herbert J. Sims Capital Management, INC., based in Boca Raton, FL, with 20 years of industry experience. Karen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 221 clients with $190M 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 | 2.50% |
| $500K - $1.0M | 2.00% |
| $1.0M - $2.5M | 1.75% |
| $2.5M - $5.0M | 1.50% |
| $5M+ | 1.25% |
Advisory fees are subject to negotiation and typically range from 1.25% to 2.50% of the initial value of the assets in the account per year, depending on the size of the account or household and services covered. Envestnet charges a flat annual operational fee of $25 based on services provided.
Fee Estimator
Location
2700 N Military Trail Suite 400, Boca Raton, FL, 33431
Get directionsHistory
Regulatory History (18)
Regulatory
February 2024Customer Dispute
December 2019Customer Dispute
July 2019Customer Dispute
May 2019Customer Dispute
April 2019Customer Dispute
March 2019Customer Dispute
March 2019Customer Dispute
August 2018Customer Dispute
June 2018Customer Dispute
February 2018Customer Dispute
December 2017Customer Dispute
May 2017Customer Dispute
May 2016Customer Dispute
October 2015Customer Dispute
September 2015Customer Dispute
October 2014Customer Dispute
October 2014Customer Dispute
July 2014Other Business Activities
Karen is an investment adviser representative of HJ Sims Capital Management, dedicating approximately 80% of her time to this role. The filing does not mention any other business activities.
Employment History
Current Registrations
Herbert J. Sims Capital Management, INC.
Herbert J. Sims & CO, INC.Broker
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
UBS Financial Services Incorporated of Puerto RicoBroker
State Registrations10 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.