Flaxon Elrod is a CFP-designated registered investment advisor at Next Step Financial Transitions, based in Cypress, TX, with 10 years of industry experience. Flaxon operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, Gen X, and 5 more. Their firm serves 57 clients with $10M 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 | 1.00% |
| $500K - $1.0M | 0.75% |
| $1.0M - $2.0M | 0.50% |
| $2.0M - $3.0M | 0.30% |
| $3.0M - $5.0M | 0.25% |
| $5M+ | 0.10% |
The annual fees are negotiable.
Fee Estimator
Contact
Flaxon Elrod
Location
Cypress, TX
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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 Activities
Flaxon works as an administrative assistant for Next Step Divorce Solutions and owns Elrod 4 Sons LLC, where he designs products for sale on Amazon. He dedicates a few hours per week to these activities.
Employment History
Current Registrations
Next Step Financial Transitions
Previous Registrations
Royal Alliance Associates, INC.
Royal Alliance Associates, INC.Broker
Investment Advisors
Proequities, INC.Broker
Girard Securities, INC.Broker
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.
Exams
Additional Information
I am co-owner of Next Step Financial Transitions with my lovely wife, Tessa Elrod. I believe that most financial planning concepts have become overcomplicated; my goal is to declassify these concepts into conversational terms and educate you enough so that you understand and feel comfortable with any decision you make.