Philip Purpura is a CFP-designated registered investment advisor at Mayflower Advisors, based in Melville, NY, with 36 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, High Net Worth, and 4 more. Their firm serves 1,225 clients with $5.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.80% |
Annual investment advisory fees generally range from 0.50% to 1.80% based on scope, complexity, and assets managed. Mayflower E-Z IRA service ranges from 0.50% to 0.70%. Fees are negotiable.
Fee Estimator
Location
68 South Service Road, Suite 100, Melville, NY, 11747
Get directionsHistory
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
Philip operates Bridge Wealth Strategies as a DBA for fixed insurance sales and investment advisory services. He is an independent licensed insurance agent selling and servicing fixed insurance products.
Employment History
Current Registrations
Mayflower Advisors
Previous Registrations
Brookstone Wealth Advisors, LLC
Royal Fund Management, LLC
Equity Services, INC.Broker
Esi Financial Advisors
Beacon Global Advisor Network, LLC
Regulus Advisors, LLCBroker
AXA Advisors, LLC
AXA Advisors, LLCBroker
M&t Securities, INC.
M&t Securities, INC.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
The Cole Group INC.
Fsc Securities Corporation
Fsc Securities CorporationBroker
North Ridge Securities CORP.Broker
Sunamerica Securities, INC.Broker
Anchor National Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
American Express Financial Advisors INC.Broker
Dean Witter Reynolds INC.Broker
Shearson Lehman Hutton INC.Broker
E. F. Hutton & Company INCBroker
Dean Witter Reynolds INC.Broker
Dean Witter Reynolds INC.Broker
State Registrations1 state
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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