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Bruce Berman

Silver Oak Securities, INC.
44 Years of Experience
Wilmette, IL
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Bruce Berman is a registered investment advisor at Silver Oak Securities, INC., based in Wilmette, IL, with 44 years of industry experience. Bruce is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 8 more. Their firm serves 8,746 clients with $2.4B in assets under management.

Silver Oak Securities, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
165 advisors
Number of Clients
8,746 clients
Average Client Portfolio
$280K average
Assets Under Management
$2.4B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

The maximum advisor fee is 2.0% of assets. Fees are negotiable between you and your financial professional. Accounts also incur a platform fee consisting of $45 annually plus an asset-based fee between 0.05% and 0.25%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1000 Skokie Blvd, Ste 450, Wilmette, IL, 60091

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Criminal
May 1976
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Bruce is the owner of Lifetime Financial Group, LLC, where he works as an independent financial professional and sells fixed insurance. He also has a private real estate investment with Crowne Partners.

Employment History
Current Registrations
Silver Oak Securities, IncorporatedBroker
November 2024 - Present · 1 yr 11 mos
Silver Oak Securities, INC.
November 2024 - Present · 1 yr 11 mos
Previous Registrations
Cetera Investment Advisers LLC
March 2024 - November 2024 · 8 mos
Bright Futures Wealth Management, LLC
January 2017 - December 2024 · 7 yrs 11 mos
Cetera Advisors LLCBroker
January 2004 - November 2024 · 20 yrs 10 mos
Cetera Advisors LLC
January 2004 - March 2024 · 20 yrs 2 mos
Ifg Advisory Services INC
March 1999 - January 2004 · 4 yrs 10 mos
Ifg Network Securities, INC.Broker
April 1997 - January 2004 · 6 yrs 9 mos
American Express Financial Advisors INC.Broker
August 1982 - May 1997 · 14 yrs 9 mos
Ids Life Insurance CompanyBroker
August 1982 - May 1997 · 14 yrs 9 mos
Ids Financial Services INC.Broker
August 1982 - December 1986 · 4 yrs 4 mos
State Registrations21 states
AZCACOFLGAILINMAMIMONCNYORRISCTNTXUTWAWIWV
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
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