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FSC Securities Corporation Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

FSC Securities Corporation is a large Atlanta-based financial advisory firm. The firm is a network that's made up of independent financial advisor firms. FSC provides these firms with a variety of resources and suppport to help each individual advisor or firm manage their clients' assets. As a result, individuals don't work directly with FSC Securities Corporation, though financial advisors do. However, you can work with one of the advisory firms in FSC's network.

The firm's group of affiliated advisors helps clients with a wide range of finance-related topics, from financial planning to investment portfolio management. The offerings of any particular advisor in the network may vary.

FSC Securities Corporation Background

FSC Securities Corporation was founded in 1958, though it only registered as an investment advisor in 1992. The firm employs over a thousand financial advisors. The firm and its network of advisor firms works with thousands of clients. Jeff Stills serves as the firm's president and CEO.

FSC Securities Corporation Client Types and Minimum Account Sizes

FSC Securities Corporation and its advisors participate in two VISION2020 wealth management platforms. The VISION2020 Advisor Managed Portfolios program has a minimum investment of $10,000, while the VISION2020 Unified Managed Account program has a $5,500 minimum, which may vary depending on the specific strategy or advisor. Beyond these two platforms, individual advisors and other third-party advisory firms set their own minimums. Financial planning and consulting services carry no minimum requirements.

The firm works with a variety of clients, including individuals with and without a high net worth, pensions, profit-sharing plans, trusts, estates, charitable organizations, government entities, banks, corporations and other business entities.

Services Offered by FSC Securities Corporation

As is noted in the section above, investment management services are provided through the VISON2020 Advisor Managed Portfolios and the Unified Managed Account programs. Other investment services are also offered via third-party advisors that are affiliated with FSC.

Outside of investment management, the firm provides clients with financial planning and consulting services. FSC also offers retirement plan consulting services to various types of plan providers.

FSC Securities Corporation Investing Philosophy

Because FSC's advisors each operate independently, there is no single, overarching investment philosophy that every advisor adheres to. However, advisors typically use asset allocation strategies and a variety of software programs to help them process information and manage client portfolios. Advisors primarily use fundamental and technical methods of analysis to help inform their investment decisions.

Fees Under FSC Securities Corporation

The fees for the two investment management programs offered through FSC are not disclosed publicly. However, both programs work on a wrap fee basis. That means all of your investment, custodial and transactional fees are combined into a single rate.

For financial planning services, fixed fees range from $500 to $15,000, and hourly fees range from $50 to $750. Consulting services and non-discretionary investment advisory services utilize the same fee schedule. While the hourly fees for retirement plan consulting are the same, fixed fees range instead from $1,000 to $100,000.

What to Watch Out For

FSC Securities Corporation lists 10 disclosures on its SEC-filed Form ADV. The firm's disclosures include sanctions and repayments for infractions like inaccurate accounting, misreporting expense costs and other compliance violations. The firm has paid various fine amounts in relation to these disclosures.

Some of FSC's advisors can receive commissions from the sale of investment and insurance products to clients. Due to this, the firm is considered to be fee-based. While this is a potential conflict of interest, advisors are bound by fiduciary duty, legally obligating them to act in the best interests of clients at all times.

Opening an Account with FSC Securities Corporation

While you can't open an account directly with FSC, you can get in touch with the firm if you're an advisor or advisory firm looking for support and tools. You can also contact the firm to learn more about their network by calling over the phone.

All information is accurate as of the writing of this article.

Tips for Finding the Right Financial Advisor

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • If you're looking for an advisor in the Atlanta area, check out our list of the top financial advisor firms in Atlanta. We profiled the top firms in the city and only included ones that work with individuals directly and don't list any disclosures on their Form ADVs.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
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Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.