Robert Donnelly
Robert Donnelly is a ChFC-designated registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 37 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
June 2014Other Business ActivitiesSells Insurance
Robert is the president of Alpha Financial Companies, a fixed insurance agency, dedicating about 10-20% of his time. He also serves as Vice President of the Southhampton Business Association and works as an agent for UMS FMO, an insurance and annuity back office support company, spending minimal time on each.
Employment History
Current Registrations
Kovack Advisors, INC.
Previous Registrations
Alpha Advisors Alliance, LLC
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Questar Asset Management, INC.
Questar Capital CorporationBroker
Investment Advisors
Proequities, INC.Broker
Lincoln Financial Distributors, INC.Broker
Jefferson Pilot Securities CorporationBroker
1717 Capital Management CompanyBroker
MML Distributors, LLCBroker
Fsc Securities CorporationBroker
Aetna Investment Services, INC.Broker
John Hancock Distributors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
Hornor, Townsend & Kent, INC.Broker
Aetna Life Insurance and Annuity CompanyBroker
State Registrations2 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.