National Retirement Planning Experts

National Coverage
Local Professionals

seller-profile

Mark Recker

Recker Financial

122 Uptown Drive
Suite 204

Bay City, MI 48708
(989) 2140120

About Recker Financial

Recker Financial is a full service fee only financial planning firm. We help clients in all aspects of their financial lives including debt management, goal planning, investments, tax planning, and estate planning. Our goal is to give clients the best possible advice with the least amount of conflicts of interest.

General Information

Firm Start Year

2018

No.of Employees

1

CRD#

5778143

Firm CRD#

298520

States Licensed in

Michigan

Years of Experience in Financial Services

10

Number of Years with Current Firm

2

I work with the following types of clients

Businesses, Individual Investors

Services

Investment Types

Exchange Traded Funds (ETFs), Mutual Funds, Bonds, Stocks, Annuities

I can meet clients in the following ways

At my office, Via phone, At your office, Video Conference, Via email

Compliance

Registered Investment Advisor

Yes

I am an acknowledged fiduciary

Yes

Compliance Disclosures in Last 5 years

I have a clean record

Criminal Disclosures in Last 5 years

I have a clean record

Qualifications & Membership

Securities Licenses

Series 66, Series 7

Insurance and Annuity Licenses

Long Term Care, Variable Annuity, Life, Health, Annuity, Casualty, Property, Disability, Variable Life

Firm Information

Assets Managed by Firm

6,000,000

Advisor's Number of Clients

45

Advisor's Number of Planning Clients

43

Assets Managed by Advisor

$6,000,000

Compensation and Fees

Fee Structure

Fee Only

Minimum Portfolio Size for New Managed Accounts

0

Compensation Methods

Flat Fee

Fee % Based on Assets

0.95%

Additional Details on Charges

I base my monthly subscription on how complex the planning situation is. Minimum is $50/month however most married couples land in the $100/month or more range. My assets under management starts at 0.95% but is reduced on a progressive scale. Here is the scale:

Account Value Advisory Fee $0 - $100,000 0.95% $100,001 - $250,000 0.85% $250,001 - $500,000 0.65% $500,001 - $1,000,000 0.60% $1,000,001 and Above 0.50%

Minimum Fee Charged for Managed Accounts

0

Education

Bachelor of Science - Business Administration

Alma College
2006 - 2010