John Beck
Advisor at Midwest Retirement Partners, LLC
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.
Advisor at Midwest Retirement Partners, LLC
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.
Location
Glen Ellyn, IL 60137
Credentials
Series 63, Series 66
Industry experience
10 years
John Beck is a financial advisor at Midwest Retirement Partners, LLC with 10 years of industry experience. He holds Series 63 and Series 66 licenses and has worked previously at ADP LLC, ADP Broker-Dealer Inc., and Inland Securities Corporation. Midwest Retirement Partners is an independent, single-advisor firm that primarily serves pension and profit-sharing plans. The firm emphasizes quantitative analysis and a long-term investment approach, focusing on plan consulting and referring clients to third-party advisers rather than managing individual client portfolios directly.
Between $1,000 and $40,000 for pension consulting plans; $1,000 to $5,000 for comprehensive financial plans; $1,000 fixed administrative support fee; $60/month for fundamental financial planning
$0 - $1,000,000: 1.00% (MRP Fee) + 0.25% (Betterment Fee) = 1.25% Total $1,000,001 - $3,000,000: 0.90% (MRP Fee) + 0.25% (Betterment Fee) = 1.15% Total $3,000,001 - $5,000,000: 0.80% (MRP Fee) + 0.25% (Betterment Fee) = 1.05% Total $5,000,001+: 0.70% (MRP Fee) + 0.25% (Betterment Fee) = 0.95% Total $0+: Up to 0.50% asset-based fee for pension consulting, negotiable $500,001 - $8,000,000: Negotiable fixed fee plus up to 0.50% asset-based fee, combined not to exceed $40,000 $8,000,001 - $11,500,000: Negotiable fixed fee plus up to 0.35% asset-based fee, combined not to exceed $40,000 $11,500,001 - $16,000,000: Negotiable fixed fee plus up to 0.25% asset-based fee, combined not to exceed $40,000 $16,000,001 - $26,666,666.70: Negotiable fixed fee plus up to 0.15% asset-based fee, combined not to exceed $40,000 $26,666,666.70+: Fixed fee of $40,000
Minimum fee: $1,000 annually fixed fee for administrative support (pension consulting) Fee-only: Fixed fee for pension consulting ($1,000 annually) and financial planning ($1,000 to $40,000 for pension plans; $1,000 to $5,000 for comprehensive financial plans); monthly fundamental financial planning fee $60/month ($720 annually)
486 Anthony St.
Glen Ellyn, IL 60137
Illinois
Midwest Retirement Partners, LLC
2019 - Present (7 years)
Adp Llc.
2017 - 2019 (2 years)
ADP Broker-Dealer Inc.
2017 - 2019 (2 years)
Inland Securities Corporation
2015 - 2017 (2 years)
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