Beacon Capital, LLC

Beacon Capital, LLC is a Cedar Rapids-based investment advisor firm founded in 2017 by Bret Niemuth, a Chartered Financial Consultant (ChFC®) and Chartered Life Underwriter (CLU®). The firm specializes in fee-based investment management services, focusing on asset management and ERISA plan services. Beacon offers discretionary asset management services tailored to individual client goals, risk tolerance, and investment objectives. For ERISA plans, Beacon acts as a limited scope ERISA 3(21) fiduciary, assisting plan sponsors with investment decisions. The firm does not act as a custodian of client assets and engages other professionals as needed. Beacon's fee structure for asset management is percentage-based, with fees ranging from 1.15% to 2.20% based on assets under management. Clients may impose restrictions on investments, and fees are billed quarterly in advance. Beacon may receive referral fees from third-party money managers, acting as a liaison between clients and these managers. The firm's investment strategies include fundamental analysis, technical analysis, and modern portfolio theory, with a focus on risk management. Beacon discloses conflicts of interest, such as Mr. Niemuth's insurance business, and ensures compliance with a Code of Ethics. Clients receive quarterly account statements and have the option to terminate services with a pro-rata refund. Beacon does not vote proxies on client securities and maintains investment discretion with client-imposed limitations. Mr. Niemuth oversees all supervision and compliance efforts at the firm.