Bernie Townes
Bernie Townes is a registered investment advisor at Janney Montgomery Scott LLC, based in Melville, NY, with 41 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 239,256 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Janney charges a fee based on a percentage of the assets managed in your account. This fee covers investment management, trading, custody, and performance reporting. Fees are negotiable and may vary based on the size of your account and the services provided. Janney may also offer investment advisory services on a non-wrap basis, where you pay separately for transactions and custody.
Location
395 N. Service Road, Suite 411, Melville, NY, 11747
Get directionsHistory
Regulatory History (3)
Customer Dispute
October 2019Customer Dispute
March 2001Customer Dispute
May 2000Other Business Activities
Bernie is involved with BMT LLC, which owns residential real estate in the Bahamas and New York, generating rental income. He spends minimal time on this investment-related activity.
Employment History
Current Registrations
Janney Montgomery Scott LLC
Janney Montgomery Scott LLCBroker
Previous Registrations
UBS Financial Services INC.Broker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Citicorp Investment Services
Citicorp Investment ServicesBroker
Citicorp Financial Services,inc.Broker
Dean Witter Reynolds INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Investors Center IncorporatedBroker
State Registrations18 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.