James Westmacott
James Westmacott is a CFP-designated registered investment advisor at Westco Advisory Services, INC., based in Lynbrook, NY, with 42 years of industry experience. James is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 324 clients with $250M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.85% |
| $5.0M - $7.5M | 0.75% |
| $7.5M - $10.0M | 0.65% |
| $10.0M - $15.0M | 0.50% |
| $15M+ | 0.40% |
Minimum annual fee of $1,500 applies. Fees are negotiable for certain accounts.
Fee Estimator
Location
77 Hempstead Ave, Lynbrook, NY, 11563-1637
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
James is the owner and president of Westco Advisory Services, Inc., a registered investment advisor, dedicating about half of his time to portfolio management and client meetings. He is also the owner of Westco Agency, Inc., an insurance agency, and is licensed for life, health, and disability insurance, but spends no time on the business, and also does tax preparation and P&C sales with commissions.
Employment History
Current Registrations
Westco Advisory Services, INC.
Westco Investment CORP.Broker
Previous Registrations
Fsc Securities CorporationBroker
State Registrations9 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.
Exams
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