Charles Massimo
Charles Massimo is a registered investment advisor at Wealth Enhancement Advisory Services, LLC, based in Deer Park, NY, with 32 years of industry experience. Charles operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 70,834 clients with $95B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Wealth Enhancement Advisory Services (WEAS) charges a percentage of your portfolio each year for investment management. The exact fee is negotiable and depends on the complexity of the services, but it will not exceed 2% per year of the value of your portfolio. WEAS may waive or discount fees for employees or relatives of employees of Wealth Enhancement Group, LLC. WEAS may also engage separate management firms to assist in managing your assets. These firms charge a fee for their services, which are in addition to WEAS’ advisory fees.
Location
724 Long Island Ave, Deer Park, NY, 11729
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Regulatory History (1)
Customer Dispute
November 2000Other Business ActivitiesSells Insurance
Charles co-owns two real estate rental companies and is a passive owner in a franchise. He also provides investment advisory services through Wealth Enhancement Advisory Services LLC, dedicating about half of his time, and is an agent for non-variable insurance, including life, accident/health, and LTC, spending a few hours per week. Charles is also a founder and board member for a non-profit.
Employment History
Current Registrations
Wealth Enhancement Advisory Services, LLC
Wealth Enhancement Brokerage Services, LLCBroker
Previous Registrations
LPL Financial LLCBroker
Purshe Kaplan Sterling InvestmentsBroker
H. Beck, INC.Broker
Royal Alliance Associates, INC.Broker
Citigroup Global Markets INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Nylife Securities INC.Broker
Shearson Lehman Brothers INC.Broker
State Registrations15 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.