Eleana Mclane
Eleana Mclane is a registered investment advisor at Redwood Financial Planning, LLC, based in Scotch Plains, NJ, with 27 years of industry experience. Eleana operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 585 clients with $210M 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 $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K - $1000K | 1.20% |
| $1.0M - $1.5M | 1.00% |
| $1.5M - $2.0M | 0.75% |
| $2M+ | 0.75% |
Fees are negotiable. For clients who maintain accounts at American Funds, the client is charged 0.50% annually.
Fee Estimator
Location
1812 Front Street, Scotch Plains, NJ, 07076
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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 →Employment History
Current Registrations
Redwood Financial Planning, LLC
Previous Registrations
Pensionmark Financial Group, LLC
Pensionmark Securities, LLCBroker
Nationwide Investment Advisors, LLC
Nationwide Securities, LLC
Nationwide Investment Services CorporationBroker
Mbsc Securities Corporation
Mbsc Securities CorporationBroker
Bny Personal Brokerage, INC.Broker
Steinberg & LymanBroker
Smith Barney, Harris Upham & CO., IncorporatedBroker
Broadchild Securities CORP.Broker
State Registrations1 state
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