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Fariba Madison

39 Years of Experience
Woodbury, NY
5 DisclosuresBrokerSells Insurance

Fariba Madison is a registered investment advisor at Vanderbilt Advisory Services, based in Woodbury, NY, with 39 years of industry experience. Fariba 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
162 advisors
Number of Clients
6,470 clients
Average Client Portfolio
$326K average
Assets Under Management
$2.1B

Fee Structure

Planning is included in investment management (also available separately)
Minimum Annual Fee:$90

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.

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Location

125 Froehlich Farm Blvd., Woodbury, NY, 11797

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History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
September 2025
Pending
Customer Dispute
November 2022
Settled
Customer Dispute
August 2022
Settled
Customer Dispute
June 2022
Settled
Customer Dispute
May 2008
Denied
Other Business ActivitiesSells Insurance

Fariba is an agent for accident & health, life, and variable insurance products. This activity is investment-related.

Employment History
Current Registrations
Vanderbilt Advisory Services
June 2025 - Present · 1 yr 1 mo
Vanderbilt Securities, LLCBroker
June 2025 - Present · 1 yr 1 mo
Previous Registrations
Western International Securities
November 2012 - June 2025 · 12 yrs 7 mos
Western International Securities, INC.Broker
November 2012 - June 2025 · 12 yrs 7 mos
U.S. Bancorp Investments, INC.
February 2006 - October 2012 · 6 yrs 8 mos
U.S. Bancorp Investments, INC.Broker
February 2006 - October 2012 · 6 yrs 8 mos
Citicorp Investment ServicesBroker
March 2005 - February 2006 · 11 mos
Citicorp Investment Services
March 2005 - February 2006 · 11 mos
Essex National Securities, INC.
April 2004 - March 2005 · 11 mos
Essex National Securities, INC.Broker
September 2003 - March 2005 · 1 yr 6 mos
Gateway Investment Services, INC.Broker
June 2000 - September 2003 · 3 yrs 3 mos
Fiserv Investor Services, INC.Broker
June 1999 - May 2000 · 11 mos
Gateway Investment Services, INC.Broker
January 1999 - June 1999 · 5 mos
Fimco Securities Group, INC.Broker
July 1993 - April 1998 · 4 yrs 9 mos
National Partnership Equities,inc.Broker
March 1986 - March 1993 · 7 yrs
Isfa CorporationBroker
November 1983 - March 1984 · 4 mos
State Registrations6 states
AZCAFLKSNJNV
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.