Steven Austin
Steven Austin is a registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 40 years of industry experience. Steven 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. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308
Get directionsHistory
Regulatory History (7)
Customer Dispute
February 2015Employment Separation After Allegations
May 2011Customer Dispute
January 2009Customer Dispute
November 2008Customer Dispute
April 2006Customer Dispute
September 2003Customer Dispute
May 1988Other Business ActivitiesSells Insurance
Steven is the owner/manager of Austin Financial Group, an investment firm, dedicating nearly full-time hours to it. He also sells fixed insurance products, property and casualty insurance, and owns multiple rental properties and raw land, dedicating minimal time to each of these activities.
Employment History
Current Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Previous Registrations
Morgan Stanley Smith BarneyBroker
Morgan Stanley Smith Barney LLC
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Morgan Stanley
Lehman Brothers INC.Broker
Morgan Stanley Dw INC.Broker
E. F. Hutton & Company INCBroker
State Registrations14 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.