Steven Grodko
Steven Grodko is a registered investment advisor at Osaic Wealth, INC., based in Boca Raton, FL, with 41 years of industry experience. Steven 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
Boca Raton, FL
Get directionsHistory
Regulatory History (3)
Employment Separation After Allegations
December 2013Customer Dispute
September 2003Customer Dispute
March 1999Other Business Activities
Steven is an Investment Advisor Representative (IAR) with American Portfolios Advisors, managing client money on a fee basis. This requires about 10-20% of his time.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
American Portfolios Advisors, INC
American Portfolios Financial Services, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Oppenheimer & CO. INC.Broker
Fahnestock International INC.Broker
Edward A. Viner & CO., INC.Broker
Walter Capital CorporationBroker
State Registrations20 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.