Ernest Santos
Ernest Santos is a registered investment advisor at J.P. Morgan Securities LLC, based in New York, NY, with 38 years of industry experience. Ernest operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 1,055,400 clients with $350B 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 | 1.45% |
| $250K - $500K | 1.30% |
| $500K - $1000K | 1.15% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.65% |
| $10.0M - $15.0M | 0.55% |
| $15.0M - $25.0M | 0.50% |
| $25.0M - $50.0M | 0.40% |
| $50M+ | 0.30% |
The Advisory Fee rate for assets invested in the Fixed Income Advisory Program (FIAP) is 0.70%. The Advisory Fee rate for assets invested in the Liquidity Management Strategy (LMS) is 0.40%. Effective November 10, 2025 the Advisory Fee rate for new LMS investors and LMS proposals dated on or after November 10, 2025 will be 0.60%.
Fee Estimator
Location
1230 Avenue of the Americas Flr 3, New York, NY, 10020
Get directionsHistory
Regulatory History (4)
Customer Dispute
December 2010Customer Dispute
December 2008Customer Dispute
October 2008Customer Dispute
March 2006Employment History
Current Registrations
J.P. Morgan Securities LLC
J.P. Morgan Securities LLCBroker
Previous Registrations
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Mds Securities IncorporatedBroker
Uslife Equity Sales CORP.Broker
Natwest Investor Services CorporationBroker
Uslife Equity Sales CORP.Broker
Royal Alliance Associates, INC.Broker
Integrated Resources Equity CorporationBroker
Resources Distributors, IncorporatedBroker
The Stuart-James Company, INC.Broker
First Investors CorporationBroker
State Registrations39 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.