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Ted Berman

Ausdal Financial Partners, INC.
42 Years of Experience
Joliet, IL
1 DisclosureBrokerSells Insurance
View SEC Summary
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Ted Berman is a registered investment advisor at Ausdal Financial Partners, INC., based in Joliet, IL, with 42 years of industry experience. Ted is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 16,572 clients with $3.7B in assets under management.

Ausdal Financial Partners, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
238 advisors
Number of Clients
16,572 clients
Average Client Portfolio
$225K average
Assets Under Management
$3.7B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Maximum annual fee across investment advisory programs will not exceed 3%. Specific fee schedules are negotiated directly with your investment advisor representative.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

3077 West Jefferson Street, Suite 200, Joliet, IL, 60435

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History

Regulatory History (1)
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.
Criminal
February 1980
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Ted sells various insurance products, including life, annuities, long-term care, health, and disability insurance, dedicating minimal time to this. He is also forming an LLC to provide advanced tax planning services and business consulting, which will take about 10-20% of his time, with half of that during trading hours.

Employment History
Current Registrations
Ausdal Financial Partners, INC.
August 2009 - Present · 17 yrs 2 mos
Ausdal Financial Partners, INC.Broker
August 2009 - Present · 17 yrs 2 mos
Previous Registrations
Waterstone Financial Group, INC.
December 2003 - August 2009 · 5 yrs 8 mos
Sterling Portfolio Allocation Service INC
May 2000 - December 2003 · 3 yrs 7 mos
Waterstone Financial Group, INC.Broker
May 2000 - August 2009 · 9 yrs 3 mos
Mutual Service CorporationBroker
August 1984 - May 2000 · 15 yrs 9 mos
State Registrations18 states
ALAZCACOFLGAILINMNMOMSNCNVOHTNTXVAWI
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.
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