Frank Riggio
Frank Riggio is a registered investment advisor at Prosus Wealth Management, based in New York, NY, with 32 years of industry experience. Frank operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 6 clients with $11M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 1.50% |
| $1.5M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.00% |
| $3M+ | 1.00% |
Fees negotiable for the portion of assets over $3,000,000. Firm also offers asset management services on a fixed fee retainer basis, ranging from $10,000 to $50,000 annually, billed and payable quarterly. There is a minimum annual retainer fee of $10,000.
Fee Estimator
Location
30 Wall Street, 8th Floor, New York, NY, 10005
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Frank holds a New York State Life and Health Insurance License and may recommend insurance products to financial planning clients. He receives commissions from insurance companies, creating a potential conflict of interest, but the firm states that investment recommendations will always be in the client's best interest.
Employment History
Current Registrations
Prosus Wealth Management
Previous Registrations
Investacorp, INC.Broker
New England SecuritiesBroker
Northwestern Mutual Investment Services, LLCBroker
Wm Financial Services, INC.Broker
Dime Securities, INC.Broker
The Dreyfus Service CorporationBroker
Chase Investment Services CORP.Broker
Chemical Investment Services CORP.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
Equico Securities, INC.Broker
The Equitable Life Assurance Society of the United StatesBroker
Commonwealth AssociatesBroker
Prudential Securities IncorporatedBroker
Shearson Lehman Hutton INC.Broker
Dean Witter Reynolds INC.Broker
Steinberg & LymanBroker
State Registrations1 state
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.