Steven A Down
Advisor at Mutual Advisors, LLC — Denver, CO
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Credentials
Series 66
Experience Industry experience
18 years
Location
Denver, CO
Mutual Advisors, LLC
Multi-team
Steven Down is a financial advisor at Mutual Advisors, LLC with 18 years of industry experience. He holds the Series 66 designation and has worked at firms including Financial Security Management, Inc. and National Planning Corporation. Outside of his advisory work, he serves on the advisory board of Endera Corp, a clean energy vehicle company. Mutual Advisors, LLC manages a diverse client base that includes individual investors, trusts, retirement plans, qualified purchasers, and institutional clients. The firm offers a range of advisory services using a combination of active and passive investment strategies tailored to client objectives, and it is notable for managing approximately $9.45 billion across 154 advisors, including service to sovereign wealth funds.
Based on Mutual Advisors, LLC
Based on Mutual Advisors, LLC
Financial Consultation Services charged as fixed fees negotiated per project, with potential retainers up to $1,200; may include pro-rated refunds if engagement terminates early.
$0+: Up to 2.00% annually - varies and negotiable based on complexity, services provided, experience of the IAR, and asset size; fee structures include fixed flat percentage, tiered schedule applying different rates to asset levels, or linear fee schedules with breakpoints. $0+: 0.25% to 1.25% annually for American Funds F2 Direct Accounts, calculated and debited quarterly in arrears based on average daily balance; can be fixed flat percentage or tiered schedule. $0+: Up to 1.00% annually for ERISA Plan Advisory & Consulting services, negotiable; may be fixed flat percentage, tiered fee schedule, or linear fee schedule.
IARs may receive commissions and trailing 12b-1 fees in their capacity as Registered Representatives of related broker-dealer Mutual Securities, Inc. for commissionable insurance and securities products; however, advisory fees are not charged concurrently on those assets.
Financial Consultation Services may be charged based on an hourly rate as negotiated for consulting services.
Minimum fee: May include a minimum quarterly fee which may be waived at the IAR's discretion. Fee-only: Financial Consultation Services charged as fixed fees negotiated per project, not to exceed $1,200 retainer when services cannot be rendered within 6 months; fees may be hourly, percentage of assets, or flat fees.
Denver, CO
Denver CO
Advisors at this office
2
California · Colorado
18 years of industry experience
Mutual Advisors,Llc
2017 - Present • 9 years
Omaha, NE
Mutual Securities Inc
2017 - Present • 9 years
Camarillo, CA
Financial Security Management, Inc
2016 - 2017 • 1 year
Lakewood, CO
National Planning Corporation
2008 - 2017 • 9 years
Denver, CO
Cpa
2008 - Present • 18 years
Pasadena, CA
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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