Ken Nelson started in the investment industry in Manhattan immediately after the crash of 1987. He earned an Engineering degree from Tufts University and has very strong quantitative skills as evidenced by his perfect Math SAT score, and State Chess Championship. He became a branch manager of a major brokerage firm at age 26, one of the youngest in his firms history.
Ken has provided economic commentary on TV and radio since 1990. He can be heard in the Triangle on 680AM. Ken earned his MBA (3.9 GPA) from Duke University in 2001. At graduation, Ken was asked by his Professors to return and guest lecture. Ken has guest lectured at Duke in the MBA program and Olli Program. Prior to the Covid pandemic in 2020, Ken taught a class on "The History of Money and Financial Markets" in the Olli Program. He is in the process of turning his course into a book.
Ken has utilized Duke, UNC,and NC State Phd candidates, Masters candidates and undergraduates as interns since 1991. They help Ken with his academic research in the financial markets.
Ken and his fiance' have 10 children and 6 grandchildren. Ken coached boys and girls soccer at the recreational, Challenge and Classic level periodically from 1992 - 2012 (mostly with CASL). Ken loves soccer, chess, skiing, history, and investments. While Ken has 35 years in the industry, he hopes to work 35 more. His investment practice is a family affair. His fiance' and son also work in the investment practice.
We are a committed group of professionals dedicated to providing superior investment advice to
our corporate and high net worth clients. We average over 30 years of experience in the financial
industry. We strive to provide the best, most professional and personalized service possible. We
act honestly, with pride and integrity, and always in the best interest of our clients. We earn
our clients trust and respect. We believe our knowledge, combined with the exceptional service we
provide, ensure our clients are proud to recommend us to their family members, colleagues and
Also located at 9121 Anson Way, Suite #204, Raleigh NC, 27615
|Firm Start Year:||1987|
|Insurance License#:||North Carolina #1710875|
|Name of Broker/Dealer:||Cetera Advisors LLC|
|Name of Custodial Firm:||Pershing, LLC|
|States Licensed in:||CA, CO, FL, MI, MO, NV, NY, NC, PA, SC, TN, TX, VA, WA|
|Number of Years with Current Firm:||15|
In October 1987, the stock market crashed. With equity valuations so low, I decided to leave commercial real estate and enter the brokerage business. By December 1987, I had passed the series 7 exam and was working as a broker in
midtown Manhattan. After learning the business in New York City, I decided to move to the Raleigh area where my
Uncle was a NC State professor.
Starting in the 1960's, my family has migrated from the New York area to North Carolina. I joined Interstate Securities. They later merged with Johnson Lane to become Interstate Johnson Lane (IJL). Later Wachovia Bank acquired IJL, and we became Wachovia Securities. At IJL, I was one of the youngest branch managers in the firm's history (age 26). I stayed with that firm for 13 years. During that time, I provided market commentary on TV (the local NBC TV affiliate), and also on radio (WPTF 680 AM).
I've always valued education. When I was 33, I went to Duke University's Fuqua School of Business. I earned an MBA, and finished in the top of the class. At the graduation ceremony, 2 of my professors asked me to come back and guest lecture. I've guest lectured in 5 different MBA classes since graduation.
At Duke, I was one of our elected class leaders. I've stayed active since then including a stint as President of Duke's largest alumni association with 17,000 members in my chapter. I've also earned a Chartered Retirement Planning Counselor (CRPC) designation, and a Chartered Retirement Plans Specialist (CRPS) designation from the College for Financial Planning. While attending Duke, I founded Nelson Wealth Advisors. At first our financial planning and investment consulting group was housed at a major brokerage firm.
In 2005, we decided to go independent. Independence has given us a great deal of flexibility to structure our practice more cost efficiently, and has expanded the range of investment options we've been able to offer our clients.
|Work with the following types of clients:||Individual Investors, Businesses, Non-Profit Organizations|
|Investment Types:||Insurance, Options & Futures, Alternative Investments, Annuities, Stocks, Mutual Funds, Bonds, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)|
|Can meet clients in the following ways:||Our Office, Phone, Email, Your Office, Your Home, Video Conference|
Qualifications & Memberships
|Insurance and Annuity Licenses:||Variable Life, Long Term Care, Variable Annuity, Annuity, Life|
|Non-Financial Organization Memberships:||Capital Area Soccer League. I've coached Classic, Challenge, and Rec soccer. I've taken teams to tournaments throughout the US and Europe. Duke Alumni Association - Past President Triangle Chapter Chapel Hill Chamber of Commerce - Past President of the Welcoming Committee Wood Valley Home Owners Association - Past Vice President|
Compensation and Fees
|Minimum Portfolio Size for New Managed Accounts:||$1M and up|
|Compensation Methods:||Based on Assets, Hourly, Flat Fee, Commissions|
|Fee % Based on Assets:||varies|
|Flat Fee Rate:||varies|
|Additional Details on Charges:||We have complete flexibility in our billing. If a client prefers, we can bill on a fee only basis. However, some investments pay brokers of record a fee to be listed as broker of record. We can use these fees to offset charges if the client prefers. We can work, fee based, commission based, or some combination of the two. The client can choose what is best for them.|
|Organization :||Duke Club of the Triangle, Durham, NC|
|Organization :||Tufts Alumni Association of North Carolina, North Carolina|
|Organization :||Wood Valley Home Owners Assocation, Raleigh, NC|
|Position :||Vice President|
|Organization :||Chapel Hill Chamber of Commerce - Ambassador Comm, Chapel Hill|
|MBA||Duke University Fuqua School of Business
- Durham, NC
|B.S. Engineering - Engineering||Tufts University
- Medford, Massachusetts
Do you have a customer satisfaction or refund policy?
Yes. Our initial consultation is free. If clients are not satisfied with the quality of our financial planning services, the financial plan is free.
Why should I choose you as my financial advisor?
I've earned an MBA from Duke University's Fuqua School of Business, and have guest lectured in their MBA program. I've also earned a Chartered Retirement Plan Specialist (CRPS) designation and Chartered Retirement Planning Counselor (CRPC) designation from the College for Financial Planning.
What are your qualifications? What is your education background?
Financial planning is a science not an art. We calculate the required savings levels given a clients risk tolerance. We utilize the most recent academic work regarding modern portfolio to determine the optimal allocation. That tells us the optimal blend for the clients risk tolerance. We search for the best investments using search criteria custom created with the client.
How do you charge for your services?
Retirement Planning, Investment Consulting, Investment Management, Corporate Retirement Plan Consulting, CD's, Stocks, Bonds, Mutual Funds, ETF's, Money Managers, Annuities, Money Markets, 403B consulting, 529 consulting
How are you compensated? How will I pay for your services?
We are flexible in designing a compensation structure. We can work fee only, commission only, or fee and commission. It's up to the client to choose what is best for them. With corporate retirement plans, we often work for just the 12b1 fees of the mutual funds currently offered by the plan. No additional compensation is paid.
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.
Additional Detailed Disclosures
|Securities and advisory services are offered through Cetera Advisors LLC, member FINRA/SIPC, a broker-dealer and registered investment advisor. Cetera is under separate ownership from any other named entity.|
Investment Advisor Representative:
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
|Mon.||9:00 AM - 4:30 PM|
|Tue.||9:00 AM - 4:30 PM|
|Wed.||9:00 AM - 4:30 PM|
|Thu.||9:00 AM - 4:30 PM|
|Fri.||9:00 AM - 4:30 PM|