Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
Pinnacle Financial Group LLC Overview
Pinnacle Financial Group LLC is a Fee Only Registered Investment Advisory Firm that has been serving clients since 2010. The firm is headquartered in Western Springs, IL, and uses a fee-only payment model which ensures clients only pay for the services they receive and not for any additional commissions or products. Pinnacle Financial Group LLC provides investment advisory services only, meaning they strictly give advice and do not sell any financial products. Pinnacle Financial Group LLC offers a variety of services to clients, including financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutional clients and pension consulting services. Their services cater to a diverse range of clients, with a focus on helping individuals and small businesses achieve their financial goals. The firm prides itself on providing personalized service to each client and tailoring their advice to meet the clients' unique financial needs. Whether an individual is looking to plan for retirement, a business is in need of portfolio management or a company seeks pension consulting services, Pinnacle Financial Group LLC has the expertise to help. With years of experience and a dedicated team of financial professionals, the firm is committed to helping clients achieve their financial objectives through sound investment advice.
rate fixed fee retainer fee performance-based fee PINNACLE FINANCIAL GROUP LLC is a financial advisory firm that serves a diverse range of clients. Their clientele consists of individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, and other corporation types not listed. The experienced professionals at PINNACLE FINANCIAL GROUP LLC provide financial consultations, investment management services, retirement planning, estate planning, and wealth management solutions to their clients. PINNACLE FINANCIAL GROUP LLC has various fee structures available that cater to clients' unique financial needs and preferences. The fee structures include a percentage of AUM (assets under management), hourly rate, fixed fee, retainer fee, and performance-based fee. The firm's percentage of AUM fee structure is based on a percentage of the total value of the assets under their management. The hourly rate fee structure is charged based on the amount of time spent on providing clients with financial advice. The fixed fee structure is a pre-agreed, fixed fee charged for specific financial services provided by the firm. The retainer fee structure is a flat fee charged for ongoing financial advisory services. Finally, the performance-based fee structure is based on achieving a pre-determined investment return on a client's portfolio. Overall, clients can choose from a range of fee structures that best meet their financial goals and objectives.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure note for Pinnacle Financial Group LLC does not mention anything about their investment minimum. Therefore, it is unclear what their investment minimum may be. Potential clients may need to contact the firm directly to inquire about their investment minimum and other relevant information.
How This Office Can Help Huntsville, AL Residents
Pinnacle Financial Group LLC is a financial consulting firm based in Huntsville, AL that assists clients with various financial issues. They provide comprehensive financial planning and investment management services that help clients achieve their financial goals. They work with individuals, families, and businesses to create a customized financial plan that is tailored to their unique needs and circumstances. Many clients in Huntsville, AL may be facing specific financial situations, such as planning for retirement, managing their investments, saving for a child's education, or purchasing a new home. With years of experience in the financial industry, Pinnacle Financial Group LLC's team of advisors can offer expert guidance and advice on how to address these challenges. They are committed to helping their clients make informed decisions that will help them achieve financial security and peace of mind.
Services Offered by Pinnacle Financial Group LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Pinnacle Financial Group LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Unavailable
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Pinnacle Financial Group LLC is registered to service clients in the following states:
- California
- Colorado
- Florida
- Illinois
- Indiana
- Louisiana
- Michigan
- Nebraska
- Ohio
- Texas
Disciplinary History
Pinnacle Financial Group LLC does not have any disclosures. Please visit it's Form ADV for more details.