Expert Review

Kim Hoffman: Is He Involved in Hidden Fees, Disclosures, Lawsuits? Let’s Exposed! (Latest Update 2023)

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Who is Kim Hoffman (CRD#: 2514995)?Everything you need to know about Kim Hoffman and their accolades

Kim Hoffman is a CFP who works as a financial advisor in Wilson, North Carolina. With the last 29 years spent at Edward Jones, she has been in practice for 28 years.

She strives to support people and families who dedicate themselves to their retirement by providing them with practical, reliable techniques that will enable them to navigate complexity, live comfortably, and leave lasting legacies.

She worked with Edward Jones since 1994 and has over 27 years of experience in the financial services industry. She graduated from Wake Forest University with a major in accounting. She has earned the qualifications of Chartered Financial Consultant®, Accredited Asset Management Specialist®, and Certified Financial Planner®, all of which are essential to my mission of providing comprehensive support for business owners, investors, blended families, and special needs families.

Kim and her husband Charles reside in Wilson, North Carolina. They take pleasure in getting together with our two kids, our granddogs, Moose, and Lola. She maintains her focus and discipline in both her life and her Pilates practice. Her favorite memories are her time spent as a child on a farm, where she gained an appreciation for hard labor and perseverance. While she misses the farm, she does not miss drenching herself in the sweltering summer heat.

The College for Financial Planning grants the AAMS® designation to candidates who finish a 12-module professional education program successfully, pass a final test, acquiesce to its code of ethics, and promise to continue their education.

Kim is specialized in the following services:

  • Portfolio Management for Individuals or Small Businesses
  • Portfolio Management for Business
  • Pension Consulting Services

In this article, we will go deep into Kim Hoffman’s past, discovering hidden disclosures and analyzing the consequences of the lawsuits.

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About Edward JonesHistory, achievements, leadership, lawsuits, & disputes

A 100-year-old company, Edward Jones was created for the present. In contrast to institutions, they focus on assisting private investors. Additionally, because they are a privately held business, they may put more emphasis on building relationships than maximizing shareholder returns.

Broker-dealer and investment advisor registrations for Edward Jones are dual. An asset-based fee is charged for investment advisory services provided by Edward Jones Advice Solutions®, a wrap fee program.

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History of Edward Jones

To treat employees equally and clients properly, Edward D. Jones Sr. founded Edward D. Jones & Co. in 1922. He made it clear that his company would treat partners as well as employees as partners. A desk, three seats, and a hat rack are all that is present in the company’s office, which is located in downtown St. Louis.

After working at an Edward Jones correspondent firm in New York, Ted Jones, Edward Jones Sr.’s son, returns to St. Louis. He joined the company as its 18th broker, initially working out of Montgomery City, Missouri, and eventually the Clayton suburb of St. Louis. He established his business there over a hardware store and started by traveling 150 miles every day to several nearby areas to sell stocks out of the trunk of his car.

Services offered by Edward Jones

It provides services on wealth strategies that include Edward Jones Advisory Solutions, Edward Jones Guided Solutions, and Client Consultant Group. The financial needs, such as those relating to insurance, retirement planning, and education funds, can be met by Edward Jones through a consultative, tailored approach.

Investment Planning Process of Edward Jones

Edward Jones is registered and provides services as both a broker-dealer and an investment adviser. Provided below is a summary of our brokerage and investment advisory services, as well as the differences in legal and regulatory responsibilities that apply to these services.

The investment plans of Edward Jones include Stock Selection, Bonds, CDs & other fixed-income investments, Mutual Funds,

Exchange-traded Funds, Unit Investment Trusts, Donor Advised Funds, etc.

It also provides Insurance & annuities like Permanent life insurance, Term Life Insurance, Long-term Disability insurance, Long-term care Insurance, etc. In addition to all of these services, they provide a lot more.

Fees Under Edward Jones

 Broker-dealer and investment adviser registered on two different registers is Edward Jones. Investment advisory services are offered through the wrap fee program known as Edward Jones Advice Solutions® for an asset-based fee.

 A client may choose Fund Models, which invest in connected mutual funds (if available), unaffiliated mutual funds, and exchange-traded funds (ETFs), or UMA Models, which additionally incorporate separately managed allocations (SMAs), depending on the minimal commitment they are willing to make. 

Theo Jones A client-directed advisory program called Guided Solutions® was created to offer clients ongoing investment advice, direction, and services in exchange for an asset-based fee. Depending on their minimum investment, clients can choose between a Guided Solutions Flex Account and a Guided Solutions Fund Account, which both allow for the purchase of eligible stocks, bonds, and certificates of deposit (CDs), as well as eligible mutual funds and exchange-traded funds (ETFs). 

Accounts in the Guided Solutions Fund Account do not have a minimum balance requirement and can be opened with an initial investment of less than $5,000. These accounts are restricted in the number and types of investments that may be bought or retained until they exceed $5,000. 

The Select Account program might not accept certain brokerage accounts. Flex Fund accounts, ERISA retirement plans, some non-ERISA retirement plans, and pooled employer retirement plans are among the accounts that fall under this category. For more details, please get in touch with your financial advisor. A $10,000 minimum purchase amount might be needed to buy annuities in a Select Account.

What is SEC?

The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate in a fair and orderly manner, and facilitate capital formation.

22/12/2023 Update
As of now, Kim Hoffman has not responded, nor has she apologized for her misdeeds. She has ignored our efforts to highlight the problems faced by her victims. Furthermore, she has only focused on propagating her fake PR.
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Kim Hoffman Disclosures: BrokerCheck, FINRA, And SEC ReportsEvery complaint, disclosure, litigation against Kim Hoffman

The brokerCheck report of Kim Hoffman includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, and arbitration awards as well as disclosure events.

No disclosure has been mentioned, Kim Hoffman.

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Financial Advisors often remove their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any conflicts in the past.

FINRA’s BrokerCheck

individual_2514995.pdf (finra.org)

SEC Litigations & Forms

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Source: Kim Hoffman – SEC Site Search Search Results

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Kim Hoffman Lawsuits, Legal Battles, & DisputesActive database of all lawsuit documents (subject to availability) against Kim Hoffman

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis.law, and Law360. If Kim Hoffman has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against Kim Hoffman that are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Kim Hoffman on these websites, you can contact the local authorities and check if they have a physical copy of any cases.

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Kim Hoffman Complaints, Class Action Lawsuits & Legal BattlesRead all class action lawsuits and SEC complaints against Kim Hoffman (if available)

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Kim Hoffman using the websites down below:

You can contact the law firms mentioned above if facing issues with Kim Hoffman or any financial advisor.

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Better Alternatives To Kim Hoffman(By Experts):Find the top 3 alternatives to Kim Hoffman

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
You can check out the top 10 financial advisors in the U.S. to learn more.
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Manages Assets Worth

  • $714,587,898,072

Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Publication of periodicals
1625686851535

Manages Assets Worth

  • $173,418,270,044

Services

  • Financial planning
  • Portfolio management
  • Portfolio assessment
Screenshot 2023 05 23 at 11.45.48 PM

Manages Assets Worth

  • $46,803,858,104

Services

  • Portfolio management

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