Author Archives: James Fruth
What payout can I receive and what are the associated costs?
Nicklas Financial’s rewarding compensation system allows you to choose a payout based on your business model. Your selected payout applies across the board to all sales, brokerage commissions, trails and advisory fees. Only individuals or
Who is your broker/dealer and who do you clear through?
LPL Financial is one of the nation’s leading financial services companies and a publicly traded company under ticker symbol LPLA. The firm’s mission is rooted in the belief that objective financial guidance is a fundamental
How do you charge for your services, and how much?
At Nicklas Financial, we want to make sure we do what is best for our clients, which is why we offer two payment options: brokerage services that are commission based or advisory services that are
What licenses, credentials or other certifications do you have?
I hold my Series 7 and 66 licenses with LPL Financial.
What is plan benchmarking and why should I do it?
Benchmarking involves comparing and evaluating performance levels and processes—looking at the inner workings of the plan to see how well it’s serving participants. Because plan fiduciaries are responsible for properly selecting and monitoring all individuals
What services do you/does your firm provide?
I offer general investment advice as well as holistic financial planning that is tax and cost cognizant. That is a fancy way of saying that I help you through the process of determining your financial
What is a plan fiduciary and, as a plan sponsor, am I a plan fiduciary?
A plan fiduciary is someone who assumes decision-making authority or control over the administration of the plan, or who is paid to give investment advice regarding plan assets. The definition depends on the functions a
What types of clients do you specialize in?
I work with individuals, families and business owners who need guidance with investments, insurance and overall financial planning.
How can you help me grow my practice?
LPL Financial is one of the nation’s leading financial services companies and a publicly traded company under ticker symbol LPLA. The firm’s mission is rooted in the belief that objective financial guidance is a fundamental
What is my fiduciary responsibility and liability and can I hire someone to relieve me of that responsibility and liability?
Fiduciaries have a lot of responsibility when making decisions regarding plan management. A fiduciary must act solely in the interest of the plan participants and their beneficiaries. Fiduciaries’ responsibilities include carrying out their duties with
What is your investment approach?
Because each individual is unique, I don’t believe in a one-size-fits-all approach. Depending on the age of the client, I have different outlooks. I genuinely care about my clients and try to have a lot
How can I help my participants become more financially ready for retirement?
The key to helping participants become more retirement ready is to adopt a much broader mindset in regard to your plan. This mindset moves beyond investment options and fiduciary warranties and focuses on designing a
Aaron Schmitz
Aaron is an Independent Financial Advisor with LPL Financial. He has 15 years of experience in the financial industry and prides himself on being able to help his clients make sense of the world’s marketplaces
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Jerry Christian
Jerry, LPL Financial Advisor and Certified Financial Planner (CFP) has worked in the industry since 1983. He started his career with Nicklas in 1989. Jerry’s attributes his life and his career at Nicklas to a
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John Anderson
As the operations manager for Nicklas, John keeps everything running on track. With more than 20 years experience, John is the man to talk to about individual producer services. John credits his move to Jefferson
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Brie Heislen
Brie has been an official employee of Nicklas since 2005, but has been around the family business her entire life. She holds licenses in Life, Accident and Health Insurance and is a Notary Public for
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Brandon Nicklas
Brandon has been working in the family business since 2000—a time span he refers to as “the best years of his life.” He specializes in retirement planning and is passionate about simplifying the process. A
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Kenneth Nicklas
As indicated by his last name, Kenneth Nicklas is “in the family.” He began working for Nicklas in 1978 and as President, has carried on the family legacy—growing, expanding and recruiting the next Nicklas generation.
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