JF
JF

Jacob Fruchter

43 Years of Experience
Long Beach, NY
BrokerSells Insurance

Jacob Fruchter is a registered investment advisor at Cetera Investment Advisers LLC, based in Long Beach, NY, with 43 years of industry experience. Jacob operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10345 advisors
IM Fee
Planning only
Assets Under Management
$163.8B
Loading...

Location

Long Beach, NY

Get directions

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.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Jacob is an independent insurance agent selling fixed annuities since 2010, dedicating a few hours per week. He is also the Vice President and main preparer at Mutual Income Tax Service Inc. since 1982, spending about half of his time on this role, and a trustee for a family trust, spending a few hours per week.

Employment History
Current Registrations
Cetera Investment Advisers LLC
June 2023 - Present · 2 yrs 11 mos
Cetera Wealth Services, LLCBroker
September 2013 - Present · 12 yrs 8 mos
Previous Registrations
Cetera Advisor Networks LLC
March 2021 - June 2023 · 2 yrs 3 mos
Walnut Street Securities, INC.Broker
August 2003 - September 2013 · 10 yrs 1 mo
Nathan & Lewis Securities, INC.
February 1993 - July 2003 · 10 yrs 5 mos
Nathan & Lewis Securities, INC.Broker
August 1984 - August 2003 · 19 yrs
First Investors CorporationBroker
February 1983 - August 1984 · 1 yr 6 mos
State Registrations6 states
FLILMANJNYSC
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.
Jacob Fruchter - Financial Advisor | TrueAdvisor