Nicholas Clay is a registered investment advisor at Bcs Wealth Management, LLC, based in Johnson City, TN, with 18 years of industry experience. Nicholas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 3 more. Their firm serves 796 clients with $810M 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 | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.5M | 0.90% |
| $2.5M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.65% |
| $10M+ | 0.55% |
Fee schedule can be negotiated. Accounts utilizing an independent professional manager (SMAs) will pay BCS Wealth Management's agreed upon fee as well as the fee for the managed account professional firm. 529 Plans are billed on a quarterly basis in arrears. The annual fee starts at 1.00% and is negotiable based on client’s circumstance.
Fee Estimator
Location
541 Sid Martin Road, Suite A, Johnson City, TN, 37615
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
Nicholas is an IAR representative at BCS Financial, LLC, and also involved in insurance sales, dedicating minimal time to each. He refers and sells fixed insurance products and property/casualty insurance, and is involved in fixed insurance sales through PKS Financial Services.
Employment History
Current Registrations
Bcs Wealth Management, LLC
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
J.J.B. Hilliard, W.L. Lyons, LLC
J.J.B Hilliard, W.L. Lyons, LLCBroker
State Registrations8 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.