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Salvatore Maniscalco

41 Years of Experience
Lexington, MA
BrokerSells Insurance

Salvatore Maniscalco is a registered investment advisor at Commonwealth Financial Network, based in Lexington, MA, with 41 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3079 advisors
Number of Clients
399,450 clients
Average Client Portfolio
$525K average
Assets Under Management
$209.7B

Fee Structure

Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.

Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.

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Location

74 Bedford Street, Lexington, MA, 02420

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Salvatore sells fixed insurance and owns 50% of LFG Insurance Agency, both at the branch location. He is also the president and sole owner of SJM Associates, Inc., an entity created for securities business and conducted at the branch location.

Employment History
Current Registrations
Commonwealth Financial Network
July 2000 - Present · 25 yrs 10 mos
Commonwealth Financial NetworkBroker
July 1993 - Present · 32 yrs 10 mos
Commonwealth Financial Network
July 1993 - Present · 32 yrs 10 mos
Previous Registrations
DBA Lexington Financial Group
February 1997 - April 2004 · 7 yrs 2 mos
G.R. Stuart & Company, INC.Broker
March 1993 - July 1993 · 4 mos
Financial Securities Network,inc.Broker
February 1990 - March 1993 · 3 yrs 1 mo
Investacorp, INC.Broker
July 1987 - April 1989 · 1 yr 9 mos
Ur Financial, INC.Broker
July 1985 - July 1987 · 2 yrs
Security First Financial, INC.Broker
April 1984 - February 1985 · 10 mos
John Hancock Distributors, INC.Broker
March 1983 - May 1984 · 1 yr 2 mos
State Registrations13 states
CACTDCFLILMAMDMENCNHNYVAVT
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.
Salvatore Maniscalco - Financial Advisor | TrueAdvisor