Philip Goldstein
Philip Goldstein is a registered investment advisor at 1st Financial Investment, INC., based in Clark's Summit, PA, with 41 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 16 clients with $780K in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25K | 3.00% |
| $25K - $100K | 2.75% |
| $100K - $250K | 2.50% |
| $250K - $500K | 2.25% |
| $500K - $1000K | 2.00% |
| $1.0M - $2.5M | 1.75% |
| $2.5M - $5.0M | 1.50% |
| $5.0M - $10.0M | 1.25% |
| $10.0M - $20.0M | 1.00% |
| $20M+ | 1.00% |
Fees are negotiable for accounts over $20,000,000.
Fee Estimator
Location
116 North State Street, 1st Floor, Clark's Summit, PA, 18411-1056
Get directionsHistory
Regulatory History (20)
Judgment / Lien
October 2024Judgment / Lien
December 2023Customer Dispute
December 2023Customer Dispute
December 2022Customer Dispute
November 2022Customer Dispute
June 2022Customer Dispute
November 2018Customer Dispute
February 2018Customer Dispute
August 2017Judgment / Lien
May 2013Judgment / Lien
March 2013Judgment / Lien
November 2012Regulatory
November 2012Customer Dispute
March 2012Regulatory
October 2009Customer Dispute
July 1999Customer Dispute
November 1995Customer Dispute
September 1994Customer Dispute
October 1993Customer Dispute
October 1993Other Business ActivitiesSells Insurance
Philip is the President of 1st Financial Investment, Inc., a registered investment advisor, and has several other business activities including consulting on social security and college planning. He also works as an independent insurance advisor and is the president of an insurance general agency for fixed insurance and annuities.
Employment History
Current Registrations
1st Financial Investment, INC.
Previous Registrations
Vere Global Wealth Management
Kalos Capital, INC.Broker
Kalos Management
Wfg Investments, INC.Broker
Wfg Advisors, LP
Berthel Fisher & Company Financial Services, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Midsouth Capital, INC.Broker
First Montauk Securities CORP.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Prudential Securities IncorporatedBroker
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.