Robert Black
Robert Black is a ChFC-designated registered investment advisor at Prosperity Capital Advisors, based in Venice, FL, with 42 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 7,096 clients with $3.7B 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 $500K | 0.60% |
| $500K - $1000K | 0.50% |
| $1.0M - $2.0M | 0.40% |
| $2.0M - $5.0M | 0.35% |
| $5M+ | 0.30% |
The platform fee tier schedule is based on billable assets and excludes non-billable assets such as unmanaged accounts. The total annual fee for investment management services for retail clients typically varies between 0.20% and 2.0% depending upon several factors, including the market value of the assets under management and the types of services to be rendered. PCA charges a $150.00 minimum annual investment management fee which may result in a fee greater than 2.0%.
Fee Estimator
Location
Venice, FL
Get directionsHistory
Regulatory History (4)
Regulatory
May 2024Customer Dispute
March 2011Customer Dispute
February 2005Customer Dispute
July 2003Other Business ActivitiesSells Insurance
Robert is a registered representative at OneTeam Financial, LLC, marketing general financial services, and an advisor at Prosperity Capital Advisors. He also sells life insurance and annuity products through Madison Brokerage and Clarity 2 Prosperity, dedicating about 10-20% of his time to Prosperity Capital Advisors and a few hours per week to the other activities.
Employment History
Current Registrations
Prosperity Capital Advisors
M Holdings Securities, INC.
M Holdings Securities, INC.Broker
Previous Registrations
M Holdings Securities, INC.
Nationwide Securities, LLC
Nationwide Securities, LLCBroker
1717 Capital Management Company
1717 Capital Management CompanyBroker
Moore & Schley/meeker Sharkey Group INC.Broker
State Registrations13 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.