BY
CFP
BY
CFP

Bruce Yenk

32 Years of Experience
Old Bridge, NJ
2 DisclosuresBrokerSells Insurance

Bruce Yenk is a CFP-designated registered investment advisor at USA Financial Securities Corporation, based in Old Bridge, NJ, with 32 years of industry experience. Their practice areas include Retirement Planning. Their firm serves 1,750 clients with $300M in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
141 advisors
Number of Clients
1,750 clients
Average Client Portfolio
$172K average
Assets Under Management
$301.5M

Fee Structure

Minimum Investment:$15K
Investment management only (planning not offered)

USA Financial Securities offers two advisory account management options:

  • Transaction-based pricing: You pay a lower custodial and administrative fee, plus individual transaction fees.
  • Asset-based pricing: You pay a higher custodial and administrative fee that includes transaction costs. This is best for clients who anticipate moderate to high levels of trading activity.

Representatives may also provide access to third-party money managers. The fees for these managers vary and are disclosed in their own brochures. Representatives may also offer customized financial strategies with varying fee structures, detailed in the representative's disclosure supplement. The maximum management fee charged by USA Financial Securities is 2.7%.

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Location

One Jacoma Blvd. #1B, Old Bridge, NJ, 08857

Get directions

History

Regulatory History (2)
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
March 2018
Closed-No Action
Customer Dispute
November 2013
Closed-No Action
Other Business ActivitiesSells Insurance

Bruce is involved with RMJ Custom Benefit Solutions, LLC, a health care/supplement business managed by his spouse, dedicating minimal time. He also sells various insurance products, including disability, long-term care, life insurance, and annuities, dedicating about half of his time.

Employment History
Current Registrations
USA Financial Securities Corporation
January 2017 - Present · 9 yrs 4 mos
USA Financial Securities LLC
January 2017 - Present · 9 yrs 4 mos
USA Financial Securities LLCBroker
January 2017 - Present · 9 yrs 4 mos
Previous Registrations
United Planners' Financial Services of America a Limited PartnerBroker
March 2014 - December 2016 · 2 yrs 9 mos
Bcg Securities, INC.Broker
February 2007 - March 2014 · 7 yrs 1 mo
MML Investors Services, INC.Broker
March 1996 - February 2007 · 10 yrs 11 mos
G. R. Phelps & CO., INC.Broker
November 1994 - March 1996 · 1 yr 4 mos
Pruco Securities CorporationBroker
September 1983 - May 1984 · 8 mos
State Registrations4 states
FLNJNYPA
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.
Bruce Yenk - Financial Advisor | TrueAdvisor