Frank Grasso
Frank Grasso is a CFP-designated registered investment advisor at Esi Financial Advisors, based in Hauppauge, NY, with 43 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 12,116 clients with $2.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ESI Financial Advisors offers investment management through various programs. Fees vary depending on the program chosen and can include platform fees, strategist fees, and service fees.
ESI Illuminations programs charge a platform fee between 0.26% and 0.45% annually, plus strategist fees (0.02%-1.00%) and EFA's service fee (0-2.00%).
American Funds and Schwab Retirement Advisor Services have tiered fees, up to 1.00% annually on the first $1M, decreasing to 0.35% on amounts over $10M.
AssetMark fees are negotiated with the advisor, not to exceed 1.5% annually.
SEI fees are also negotiated, not to exceed 1.75% annually, plus a 0.05% administrative fee.
Location
410 Motor Parkway, 2nd Floor, Hauppauge, NY, 11788
Get directionsHistory
Regulatory History (3)
Regulatory
June 2005Regulatory
March 2005Employment Separation After Allegations
October 2003Other Business Activities
Frank is president of a private foundation and Power of 3 Publishing, Inc. He also works as an entertainment manager for Katch and Sully's Wharf, booking musical entertainment, and is a professional piano player.
Employment History
Current Registrations
Esi Financial Advisors
Equity Services, INC.Broker
Previous Registrations
Cetera Advisor Networks LLC
Cetera Advisor Networks LLCBroker
North Ridge Securities CORP.Broker
Trusted Securities Advisors CORP.Broker
Mony Securities CorporationBroker
North Ridge Securities CORP.Broker
Pml Securities CompanyBroker
Descap Securities, INC.Broker
Mony Securities CORP.Broker
State Registrations5 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.