Spencer Johnson
Spencer Johnson is a registered investment advisor at Calton & Associates, INC., based in Cedar Falls, IA, with 9 years of industry experience. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 1 more. Their firm serves 5,283 clients with $1.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Calton charges a percentage of your portfolio for investment management, up to 2.60% annually. This fee may be negotiable. The exact fee depends on the representative managing your account and the program you select. You may also incur additional fees from third-party money managers. Calton bills quarterly, either in advance or arrears. You can terminate the agreement with 30 days' notice, and any unearned fees will be refunded. Some clients may be charged performance-based fees.
Location
1702 State Street, Cedar Falls, IA, 50613
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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 ActivitiesSells Insurance
Spencer is the owner, control person, and IAR for Fencl Advisory Services, LLC, dedicating about 90% of his time to investment management and financial planning. He also owns ICM Financial Services, Inc., which provides administrative support and fixed insurance, and Spash Properties, LLC, a real estate holding company, taking minimal time.
Employment History
Current Registrations
Calton & Associates, INC.Broker
Fencl Advisory Services, LLC
Previous Registrations
Dominion Investor Services, INC.Broker
State Registrations4 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.