Ray Young
Ray Young is a registered investment advisor at Private Advisor Group, LLC, based in Farmingdale, NY, with 43 years of industry experience. Ray operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Retirement Planning. Their firm serves 137,723 clients with $41B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Private Advisor Group offers investment management services where fees are based on a percentage of the value of your investments. The exact percentage is negotiable, up to a maximum of 2.00% per year, and is charged quarterly. Clients also pay brokerage commissions and transaction fees to the custodian. The firm may also charge a flat fee or an hourly fee for specific services.
Location
500 Bicounty Blvd, Ste. 215N, Farmingdale, NY, 11735
Get directionsHistory
Regulatory History (4)
Customer Dispute
February 2008Customer Dispute
February 2008Customer Dispute
January 2008Customer Dispute
January 2008Other Business ActivitiesSells Insurance
Ray sells non-variable insurance products, including life, health, and fixed annuities, dedicating about 10-20% of his time. He also works as a registered investment advisor with Private Advisor Group, LLC, providing financial planning and asset management, taking about half of Ray's time.
Employment History
Current Registrations
Private Advisor Group, LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLCBroker
Securities America, INC.Broker
First Long Island Securities INC.Broker
Life Planning INC.Broker
First Investors CorporationBroker
Macpeg, Ross, O'connell & Goldeber, INC.Broker
State Registrations21 states
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.