| Advisor Profile |
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| Disclaimer |
| Securities offered through Investors Capital Corporation 800-949-1422 Member FINRA/SIPC. Advisory Services offered through Investors Capital Advisory, 230 Broadway, Lynnfield, MA 01940.
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Business Description |
When can I retire? Can I live on the money I have saved? How can I get a better return on my investments?
If you have asked any of these questions, we can find the answers. I work diligently to keep my clients empowered and informed. Working together with your CPA, attorney, and a team of advisors at my firm, we find the best options available to you which will incorporate your comfort level of risk and your tax situation.
Together, we will provide you with the necessary tools each step of the way on your path to financial independence.
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General Information |
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| Name of Broker/Dealer: |
Investors Capital Advisory
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| Name of Custodial Firm: |
Pershing
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| States Licensed in: |
AL, CA, CO, CT, FL, GA, IA, ID, IL, KS, LA, MA, MD, MI, MN, MO, NJ, NM, NY, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI
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| Years of Experience in Financial Services: |
7
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| Number of Years with Current Firm: |
1
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| I work with the following types of clients: |
Non-Profit Organizations, Individual Investors, Investment Clubs, Businesses
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Education |
| Academic Background |
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BA, Finance - Seattle Pacific University
CFA Candidate, Level 3 |
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Services |
| Investment Types: |
Mortgages & Real Estate, Bonds, Stocks, Annuities, Insurance, Commodities, Mutual Funds, FOREX & Currency, Options & Futures, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Securities Licenses: |
Series 7, Series 63, Series 65
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| Insurance and Annuity Licenses: |
Disability, Variable Annuity, Life, Variable Life
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| Financial Organization Memberships: |
Paladin Registry
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| I work with clients as part of a team: |
Yes
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| Advisor's Number of Clients: |
150
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| Advisor's Number of Managed Clients: |
150
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| Assets Managed by Advisor: |
$60,000,000
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Compliance |
| Registered Investment Advisor: |
Yes
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| Registered Representative: |
Yes
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| I am an acknowledged fiduciary: |
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 |
| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$100,000
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| Compensation Methods: |
Commissions, Hourly, Flat Fee, Based on Assets
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| Fee % Based on Assets: |
1.25%
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| Additional Details on Charges: |
For accounts over $250,000, the annual fee will begin to be reduced for each additional $250,000 invested in assets under management.
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| Minimum Fee Charged for Flat Fee Accounts: |
$500
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| Prepared By: |
Dave Denniston |
| Most Recent Update: |
08/08/2008 |
Frequently Asked Questions |
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What are your qualifications? What is your education background? |
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I have worked in the industry for over 6 years. I work with a team of individuals who have over 110 years of experience in financial planning and accounting. |
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What is your approach to financial planning? |
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We create comprehensive and fully integrated plans by coordinating with a dedicated team of professionals.
We are not owned by a bank, a brokerage firm, or insurance company but are completely independently management owned. Individuals like you are our only clients. We make use of no self-produced products and yet we work with the largest financial services companies in the world.
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What services do you offer? |
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We offer investment, small business retirement plans, financial planning, insurance, estate, and accounting services to our clients. |
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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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No, we have a team approach. |
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How are you compensated? How will I pay for your services? |
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It depends on the client situation- we provide three different ways of working with us- commission, hourly/flat fee, or assets under management. |
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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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We make non-discretionary as well as discretionary options available to clients. If a client chooses non-discretionary, I will have to obtain your permission every time I buy or sell a security. |
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Do you offer any guaranteed results? |
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No- we believe that NO investment is guaranteed. However, certain investments do have less risk than others. Additionally, we do offer some products backed by the full faith of insurance companies with the highest safety ratings. |
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How much risk should I be willing to take? |
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It depends on your willingness and ability to take risk. We have our clients and potential clients take a risk tolerance questionnaire that we have developed in-house to assist in assessing your risk tolerance. Additionally, we take your goals and needs into account in determing the appropriate amount of risk. |
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Have you ever been charged with any breaches? |
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