Louis Ambrosio
Louis Ambrosio is a registered investment advisor at Beacon Pointe Advisors, LLC, based in Jericho, NY, with 34 years of industry experience. Louis operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 18,377 clients with $40B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Beacon Pointe charges a percentage of your portfolio's value each year for investment advice. This fee is negotiable and can range from 0.50% to 1.50% annually, but there is a minimum quarterly fee of $1,250.
Beacon Pointe also uses third-party managers, and their fees are separate from Beacon Pointe's fees. Some clients may pay a percentage of profits from certain investments instead of a management fee. Clients in the American Funds F-2 Direct Program pay between 0.25% and 1.0% of the value of assets invested in the program. Clients in the sub-advisory program through SEI pay a 0.08% fee in addition to the advisory fee paid to Beacon Pointe.
Location
2 Jericho Plaza, Jericho, NY, 11753
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2006Other Business Activities
Louis is the active owner of Ambro Holdings, LLC, a holding company for tangible assets in his retirement account, dedicating minimal time to buying gold coins and trading securities. He also founded and maintains an educational website called SuperCap25, spending a few hours per week on it.
Employment History
Current Registrations
Beacon Pointe Advisors, LLC
Previous Registrations
Amore Ambro, LLC
RBC Capital Markets, LLC
RBC Capital Markets, LLCBroker
Legg Mason Wood Walker, IncorporatedBroker
Chase Investment Services CORP.Broker
First Long Island Securities INC.Broker
First Long Island Securities INC.Broker
State Registrations2 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.