Terrence Porro
Terrence Porro is a registered investment advisor at Osaic Wealth, INC., based in Warrenville, IL, with 24 years of industry experience. Terrence operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
27575 Ferry Rd, Ste 101, Warrenville, IL, 60555
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Regulatory History (1)
Customer Dispute
September 2006Other Business ActivitiesSells Insurance
Terrence is an insurance agent selling traditional life products since 1985, dedicating a few hours per week. He is also a financial advisor at Northpoint Financial Group and owns rental property in Arizona.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
VALIC Financial Advisors, INC.
VALIC Financial Advisors, INC.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
First Affiliated SecuritiesBroker
Olde Discount CorporationBroker
Chatfield Dean & CO., INC.Broker
Nationwide Advisory Services, INC.Broker
State Registrations6 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.