MT
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Michael Trabucco

40 Years of Experience
Rutherford, NJ
BrokerSells Insurance

Michael Trabucco is a registered investment advisor at Allstate Financial Advisors, LLC, based in Rutherford, NJ, with 40 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 280 clients with $82M in assets under management.

Compensation
N/A
Firm Size
336 advisors
Number of Clients
280 clients
Average Client Portfolio
$293K average
Assets Under Management
$82.0M

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)

Allstate Financial Advisors (AFA) uses Fidelity Institutional Wealth Adviser's (FIWA) FMAX wrap fee program. The fee covers investment advice and trading costs, based on a percentage of the assets managed, up to 1.5%. AFA receives part of this fee, creating a potential conflict of interest. Clients should compare the FMAX program's overall cost and service with other options, including brokerage accounts and other advisor programs.

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Location

50 Union Ave, Rutherford, NJ, 07070-1232

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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.

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Other Business ActivitiesSells Insurance

Michael receives residual commissions as a Mass Mutual agent/owner since 2015. This activity is not investment-related and requires minimal time.

Employment History
Current Registrations
Allstate Financial Advisors, LLC
August 2015 - Present · 10 yrs 9 mos
Allstate Financial Services, LLCBroker
August 2015 - Present · 10 yrs 9 mos
Previous Registrations
MML Investors Services, LLC
February 2008 - July 2015 · 7 yrs 5 mos
MML Investors Services, LLCBroker
February 2008 - July 2015 · 7 yrs 5 mos
Prudential Financial Planning Services
January 2006 - February 2008 · 2 yrs 1 mo
Pruco Securities, LLC.Broker
August 1985 - February 2008 · 22 yrs 6 mos
State Registrations12 states
CAFLGAKYMANCNJNYPARISCVA
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.
Michael Trabucco - Financial Advisor | TrueAdvisor