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About Beck Capital Management LLC |
Jerry McIlhon is a registered investment advisor who is a 29 year veteran in the financial industry.
Fee-based RIA, provides wealth consultant and investment advisory services.
Click on our website to view our investment philosophy and personnel. |
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General Information |
| Years of Experience in Financial Services: |
33
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| Foreign Languages Serviced: |
Spanish
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| States Licensed in: |
Texas
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| Name of Custodial Firm: |
Fidelity Institutional
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| Number of Years with Current Firm: |
27
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| Insurance License#: |
1016912
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| Work with the following types of clients: |
Businesses, Individual Investors
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| States Willing to do Business in: |
Austin,Buda,Cedar Creek,Cedar Park,Del Valle,Driftwood,Dripping Springs,Elgin,Georgetown,Hutto,Kyle,Leander,Manchaca,Manor,Pflugerville,Round Rock,Spicewood,And surrounding areas
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| Advisory Services Provided: |
Financial Planning for Businesses, Financial Planning for Individuals, Financial Advice & Consulting
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Education |
| Academic Background |
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| University of Northern Iowa
Marketing/Finance
25 years of experience |
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Services |
| Investment Types: |
Bonds, Stocks, Annuities, Insurance, Exchange Traded Funds (ETFs), Alternative Investments
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| Can meet clients in the following ways: |
Your Office, Email, Phone, Our Office, Your Home
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Investment Advisor
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| Securities Licenses: |
Series 6, Series 63, Series 65
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| Insurance and Annuity Licenses: |
Life, Health, Annuity, Disability
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| Non-Financial Organization Memberships: |
Hospice Austin
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Firm Information |
| Assets Managed by Firm: |
$260million
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| Assets Managed by Advisor: |
$108 million AUM
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| Advisor's Number of Clients: |
200
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| Firm's Number of Clients: |
400
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| Advisor's Number of Managed Clients: |
200
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| Firm's Number of Managed Clients: |
400
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Compliance |
| Registered Investment Advisor: |
Yes
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| Investment Advisor Representative: |
Yes
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| Acknowledged fiduciary: |
Yes
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Compensation and Fees |
| Fee % Based on Assets: |
.75-1.8%
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| Compensation Methods: |
Based on Assets, Commissions
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| Minimum Portfolio Size for New Managed Accounts: |
$250,000
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| Minimum Fee Charged for Managed Accounts: |
.75%
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Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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| Q. |
What are your qualifications? What is your education background? |
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I am a Senior Investment Advisor with Beck Capital Management and have been with Frank Beck since the inception of the company in 1997. |
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How are you compensated? How will I pay for your services? |
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On a fee basis only for assets under management on a quarterly basis. For example, a 1 ml. account has an annual fee of 1%. That is billed quarterly at .25% per quarter. |
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| Q. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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No, we have discretionary authority to trade in your account, which can be removed at any time. |
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How many clients do you currently manage? |
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We have approximately 400 families. |
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Will you be the only person working with me? |
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You will be working both with me and our Chief Investment Officer Frank Beck |
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| Q. |
Do you offer any guaranteed results? |
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Investment accounts do not have a guarantee because investing involves market risk, and there is a possibility of loss of principal. There are principal protected insurance products available which are backed by the insuring company. |
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How much risk should I be willing to take? |
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We will find that out during our initial consultation when we discuss your goals and concerns. |
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Have you ever been charged with any breaches? |
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What is your approach to financial planning? |
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We take every client's individual needs into account in order to customize a plan for income and investing. |
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| Q. |
What carrier(s) do you represent? |
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We are independent agents and can license with the company which has the product most suitable for your needs. |
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Are there any pre-existing conditions that you can not cover? |
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| Q. |
How long does it take to complete the application and approval process? |
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20 minutes approximately for the application process, the underwriting can take several weeks. |
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| Q. |
Is there a maximum age that you can insure? |
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Why should I choose you as my financial advisor? |
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We view every client relationship like a partnership in which we strive to help you analyze your situation and goals, identify opportunities, and then help you implement a plan which secures your retirement, reduces your taxes, thus increasing your wealth and comfort. |
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How do you charge for your services? |
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What services do you provide? What are your specialties? |
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We offer Institutional style money management for the retail client. Our investment style of sector rotation and a cash prudent management approach works well and makes sense in our opinion. |
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What financial institution(s) do you represent? |
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We clear all of our transactions through Fidelity Investments. |
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| Q. |
What are your management fees? |
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.75% to 1.8% in accordance with our fee schedule. |
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Do you have a minimum requirement for number of employees or total investment value? |
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