| Advisor Profile |
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| Name: |
Allan Berman |
| Phone Number: |
(757) 243-1575 |
| Website: |
Visit Website
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| Disclaimer |
| Securities and insurance offered through Infinex Investments, Inc. Member FINRA and SIPC. Virginia Asset Group is a trade name of Infinex Investments. |
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Business Description |
| Over 27 years experience in financial sevices and tax shelters including Mutual Funds, IRAS, 401ks, SEP IRAS,Section 529 plans,and tax deferred variable annuities.also handle variable universal life insurance, traditional whole life and term insurance as well as health insurance,and long term care.Also provide help in the areas of estate planning working with Attorneys and CPAS.We provide an initial consultation for FREE. |
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General Information |
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| Name of Broker/Dealer: |
Infinex Investments, Inc.
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| States Licensed in: |
DC, MD, NC, VA
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| Years of Experience in Financial Services: |
28
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| Number of Years with Current Firm: |
3
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| I work with the following types of clients: |
Individual Investors
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Education |
| Academic Background |
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| BA, Economics and Accounting - University of Maryland |
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Services |
| Investment Types: |
Unit Investment Trusts (UITs), Mutual Funds, Alternative Investments, Annuities
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Qualifications & Memberships |
| Securities Licenses: |
Series 63, Series 26, Series 6
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| Insurance and Annuity Licenses: |
Annuity
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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Compliance |
| Registered Representative: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| Fee Structure: |
I am a fee-based financial professional
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| Compensation Methods: |
Based on Assets, Commissions
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| Prepared By: |
Allan Berman |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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What are your qualifications? What is your education background? |
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BA in Economics and Accounting(w/finance concentration,Financial Analyst and Real Estate background,Series 6,63,and 26 Licenses. |
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What is your approach to financial planning? |
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With 25 years experience, I first analyze your goals;special circumstances that can effect your goals;analyze your non-retirement and retirement holdings;your monthly budget;your Investor Profile(%in safety and %in Conservative to Aggressive areas,and Investment Objectives(Growth, Income,Tax Reduction etc,).From all of the above, I then make recommendations as to what direction(s)you should follo |
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What services do you offer? |
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Actively mananged portfolios,Mutual Funds,Trad'l,Roth,Sep,Simple IRAS,401Ks,403Bs,529 Education Plans,Variable and Fixed Annuities;Variable,Universal,Trad'l, Term Insurance,Long term Care,and Disability Insurance. |
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How many clients do you currently manage? |
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Will you be the only person working with me? |
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Yes ,on the services I offer. I have a partner who handles any individual stocks or bonds. |
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How are you compensated? How will I pay for your services? |
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On any transactions.As an independent working with an independent broker dealer,they have an agreement w/most of the investment and insurance companies out there.When you invest you pay a small fee(will vary depending on size;can be as low as 1%)to the vendor who pays me a portion.Any analysis I do on your portfolio is no charge. |
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If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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Do you offer any guaranteed results? |
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I don't ,however there are certain investments out there that offer guaranteed principal protection for an extra fee. |
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How much risk should I be willing to take? |
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That will depend on the size of your portfolio and the time horizon of your goals. |
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Have you ever been charged with any breaches? |
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No.I run a clean practice which I've been doing the past 25 years. I have many clients in all parts of life and excellent client references.I do a lot of repeat business w/existing clients and get referred out to new clients. |
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What carrier(s) do you represent? |
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Nationwide,Pacific Life,John Hancock,Penn Mutual,Hartford,First Penn,American Skandia,Metropolitan, Lincoln Financial and many more. |
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Are there any pre-existing conditions that you can not cover? |
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That will vary from insurance co. to insurance co. |
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How long does it take to complete the application and approval process? |
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Normally (depending on health history) it can be from 2 to 6 weeks. |
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Is there a maximum age that you can insure? |
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