Scott Payden
Scott Payden is a registered investment advisor at Ameritas Advisory Services, LLC, based in Richfield, OH, with 41 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Retirement Planning. Their firm serves 25,632 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ameritas Advisory Services offers several investment management programs. Fees vary depending on the program and the amount of your portfolio. Fees are negotiable and can be either a fixed percentage or tiered. Some programs also have administrative fees. Here are some examples:
- Galaxy Program: Maximum fees range from 2.00% on the first $250,000 to 1.00% on amounts over $3,000,001. Transaction fees apply.
- Ameritas Investment Strategies (AIS) Program: Includes a 0.30% program fee plus an IAR fee that varies based on the amount of your portfolio, ranging from 2.00% on the first $250,000 to 0.75% on amounts over $5,000,001. Transaction fees apply.
- Adviser Managed Retirement (AMR) Program: Includes a 0.05% program fee plus an IAR fee that varies based on the amount of your portfolio, ranging from 2.00% on the first $250,000 to 0.75% on amounts over $5,000,001.
- Adviser Managed Variable Products Program (AMVP): Fees range from 0.50% to 1.00% of the variable product cash value.
Location
4816 Brecksville Rd., Suite 18, Richfield, OH, 44286
Get directionsHistory
Regulatory History (3)
Customer Dispute
November 2006Customer Dispute
November 2003Customer Dispute
September 2001Other Business ActivitiesSells Insurance
Scott is licensed as an independent insurance agent to sell fixed insurance products through Wallstreet Money Managers, Inc., where he is also the President/Owner. Insurance-related activities take about half of his time, while trading takes a few hours per week.
Employment History
Current Registrations
Ameritas Advisory Services, LLC
Ameritas Investment Company, LLCBroker
Previous Registrations
Ameritas Advisory Services
Carillon Investments, INC.Broker
The Paul Revere Variable Annuity Insurance CompanyBroker
Washington Square Securities, INC.Broker
Financial Network Investment CorporationBroker
American Pacific Securities CorporationBroker
Universal Heritage Investments CorporationBroker
Hibbard-Beck, INC.Broker
State Registrations26 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.