Financial Reserve
4100 Alpha Road Suite 464
Dallas, TX 75244
4697784592
About Financial Reserve
We work with our clients to build and preserve wealth and enhance their quality of life. Our dedicated team delivers a unique, comprehensive program specifically designed for each client. Every day we combine long-term vision with short-term focus to help you achieve resounding success.
See Disclosures
General Information
Firm Start Year
1985
No. of Employees
10-19
CRD#
5405451
Firm CRD#
39543
Insurance License#
Dave - 9464581 Ricky - 19828730
Name of Broker/Dealer
Cambridge Investment Research
Name of Custodial Firm
Pershing
States Licensed in
AR, AZ, CA, CO, DC, FL, ID, MS, NV, NM, OR, PA, TN, TX, UT, WA
Years of Experience in Financial Services
17
Number of Years with Current Firm
16
Work Experience
Dave Pederson - President & CEO of Financial Reserve (16 years) Ricky Jones - Personal Economic Advisor (3 years)
Work with the following types of clients
Businesses, Individual Investors
Foreign Languages Serviced
English
Advisory Services Provided
Financial Planning for Individuals, Financial Planning for Businesses, Education Funding and Planning, Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning, Portfolio Management
Compliance
Registered Representative
Yes
Investment Advisor Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Securities Licenses
Series 7, Series 24, Series 66
Insurance and Annuity Licenses
Variable Life, Disability, Annuity, Life, Variable Annuity, Long Term Care
Firm Information
Firm's Number of Clients
1200
Firm's Number of Planning Clients
800
Firm's Number of Managed Clients
400
Assets Managed by Firm
$900,000,000
Assets Managed by Advisor
$900,000,000
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
50,000
Compensation Methods
Based on Assets, Commissions
Fee % Based on Assets
Tiered Fee
Additional Details on Charges
At Financial Reserve, we offer 3 levels of service. 1. Investment MGMT (1.25% to .5% fee based) 2. Financial Planning ($475 to $875 initial fee - 50k minimum investment - $50/mo before 500k in assets) 3. Financial & Success Planning ($875 to $1475 initial fee - $0 minimum investment - $85/mo before 2 million in assets with the firm)
Minimum Fee Charged for Managed Accounts
$0 initial fee
Disclosures
RothIRA.org provides referrals to financial professionals. RothIRA.org is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for RothIRA.org to make these referrals, resulting in a conflict of interest.
Additional Detailed Disclosures
https://www.rothira.org/disclosure/1892003/rothira-Financial-Reserve-detailed-disclosure.html
Disclaimer
Check the background of your financial professional on FINRA's BrokerCheck. Please consult legal or tax professionals for specific information regarding your individual situation. Securities offered through Registered Representative of Cambridge Investment Research, Inc., a Broker/Dealer, member FINRA/SIPC, to residents of: AR, AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, IA, LA, MA, MD, MI, MN, MO, MS, MT, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Financial Reserve are not affiliated. Check out the background of firms and investment professionals on FINRAs BrokerCheck. Form CRS: https://www.joincambridge.com/investors/cambridge-disclosures/form-crs/