Jack Chite
Jack Chite is a CFP-designated registered investment advisor at Vanderbilt Advisory Services, based in Patchogue, NY, with 42 years of industry experience. Jack operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 6,470 clients with $2.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
VAS offers investment management through its Managed Account Program and VFG Tactical Model Portfolios. Fees are based on assets under management and can be structured as a flat annual fee, flat percentage, threshold billing, or tiered billing. The specific fee structure is outlined in the Investment Advisory Agreement.
VAS also uses Betterment for Advisors, where fees range from 0.12% to 0.25% of account balances, charged monthly or quarterly. VAS also charges an advisory fee on top of the Betterment fee.
Location
197 East Main St, Patchogue, NY, 11772
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Regulatory History (1)
Customer Dispute
March 2000Other Business ActivitiesSells Insurance
Jack is the President of Vanderbilt Insurance/Annuity Depot since 1972, working as an insurance agent selling fixed rate insurance products, dedicating about 10% of his time. He also provides tax-related information to a CPA, spending minimal time on this activity.
Employment History
Current Registrations
Vanderbilt Advisory Services
Vanderbilt Securities, LLCBroker
Previous Registrations
MML Investors Services, INC.Broker
G. R. Phelps & CO., INC.Broker
Robert Todd Financial CORP.Broker
Global Capital Securities, INC.Broker
State Registrations21 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.