Lance Drucker
Lance Drucker is a ChFC-designated registered investment advisor at Drucker Wealth, based in Mahwah, NJ, with 40 years of industry experience. Lance operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Investment Management, and 1 more. Their firm serves 837 clients with $670M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Drucker Wealth's asset management fees generally do not exceed 1.25% annually. However, there is a $6,000 minimum annual fee, which may result in fees exceeding 1.25% for smaller accounts. Fees are charged quarterly in advance based on the market value of the assets on the last day of the previous quarter.
Location
Mahwah, NJ
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2018Customer Dispute
August 2004Other Business ActivitiesSells Insurance
Lance is the chairman of Drucker Wealth, a registered investment advisor, dedicating nearly full-time hours to running the team and strategic planning. He also works as an agent for both Fixed Insurance and PKSF, providing fixed/traditional insurance advice, spending about a quarter of his time on each.
Employment History
Current Registrations
Drucker Wealth
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Hornor, Townsend & Kent, LLC
Hornor, Townsend & Kent, LLCBroker
State Registrations40 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.