Close Close

Technology > Investment Platforms > Turnkey Asset Management

Balliett Financial Services & Trust Co.

Your article was successfully shared with the contacts you provided.

Gene Balliett

631 South Orlando Avenue, Suite 100

Winter Park, Florida 32789

Phone: 800-624-8961

Fax: 407-740-5228

[email protected]

Year practice began: 1967

Number of planners in office: 12 planners, 5 contract employees

Number of clients: 102

Compensation method(s): Fee-only

Retainer fee for advisory services: For the first year: $325 per month, or $1,900 up front, plus asset management fees (see below). After the first year: $950 per year for clients with $100,000 to $500,000 under the firm’s management; this fee is waived for clients with more than $500,000

Fee for managing assets: 2% of the first $500,000 in assets under management; 1.5% of the next $500,000; 1% of assets above $1 million but less than $4 million; 0.8% of asset above $4 million but less than $8 million, 0.4% of assets greater than $8 million

Hourly rate: $150

Client demographics: Physicians from small towns and suburbs across the U.S.

Education: BA from The Ohio State University

Previous incarnations: Consultant and presenter of financial seminars, editor of Physician’s Management magazine, editor of Medical Economics magazine, production editor of Newsday, news editor at The Cincinnati Enquirer, reporter/photographer, deckhand on a Great Lakes ore boat

Professional designation: CHBC (Certified Healthcare Business Consultant)

Outside interests: Playing tennis, sleeping