Terrence Tormey
Terrence Tormey is a ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Delray Beach, FL, with 37 years of industry experience. Terrence operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
Delray Beach, FL
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Regulatory History (1)
Employment Separation After Allegations
November 1997Other Business ActivitiesSells Insurance
Terrence owns Integris Financial Network and Paradise Advanced Planning, through which he offers and sells life, disability, and long-term care insurance, dedicating nearly full-time hours to these activities. He also serves on the boards of advisors for Elmcrest Children's Center and St. Joseph's Hospital, and is a Notary Public and ordained minister.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Sagepoint Financial, INC.
Sagepoint Financial, INC.Broker
LPL Financial LLCBroker
National Planning CorporationBroker
Cadaret, Grant & CO., INC.Broker
Park Avenue Securities LLCBroker
Citigroup Global Markets INC.Broker
Park Avenue Securities LLCBroker
Usi Securities, INC.Broker
Commonwealth Equity Services, INC.Broker
Guardian Investor Services CorporationBroker
Robert W. Baird & CO. IncorporatedBroker
Nml Equity Services, INC.Broker
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.