Frank Malpigli is a registered investment advisor at Savvy, based in New York, NY, with 43 years of industry experience. Frank operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,207 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Savvy Advisors charges a percentage of your managed assets. These fees are negotiable and typically range from 0.3% to 1.9% per year, depending on the size and complexity of your account. Fees are billed either quarterly or monthly, in arrears or in advance. Savvy generally requires a $500,000 minimum account size, but this is negotiable. In some cases, investment management fees will be based on a percentage of the client’s net worth, ranging between 0.1% and 0.4%. Clients may be charged an additional fee for direct indexing and covered calls strategies.
Location
111 West 33rd Street, Unit 1410, New York, NY, 10001
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Frank is the owner of Malpigli & Associates Insurance Agency, Inc. since 2010, working about half of his time at the reported business location(s).
Employment History
Current Registrations
Savvy
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
American Portfolios Financial Services, INC.Broker
Timecapital Securities CorporationBroker
Waterstone Financial Group, INC.Broker
Signator Investors, INC.Broker
Tower Square Securities, INC.Broker
Tower Square Securities, INC.Broker
Hartford Equity Sales Company INC.Broker
Aetna Life Insurance and Annuity CompanyBroker
John Hancock Distributors, INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.