Derek Overstreet
Derek Overstreet is a registered investment advisor at New Millennium Group, based in Sandy, UT, with 11 years of industry experience. Derek operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 895 clients with $260M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
New Millennium Group's maximum investment advisory fee is 1.50% of your portfolio's value annually. This fee covers investment advisory services and ongoing investment supervision. The fee is calculated monthly based on the average daily value of your portfolio. The firm may negotiate a lower fee of 1.00% or lower for clients with over $2.5 million in investable assets, clients engaged in 401k services, or family/employee related accounts. Financial planning services are included in the investment management fee.
Location
10050 South State Street, Sandy, UT, 84095
Get directionsHistory
Regulatory History (1)
Customer Dispute
April 2020Other Business ActivitiesSells Insurance
Derek is the president and owner of New Millennium Group Insurance, Inc., selling life insurance and fixed annuities. He also owns several real estate holding companies and receives compensation from book sales, dedicating minimal time to these activities.
Employment History
Current Registrations
New Millennium Group
Previous Registrations
Ae Wealth Management, LLC
Global Financial Private Capital, LLC
State Registrations2 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.