SW
SW

Scott Workman

31 Years of Experience
New York, NY
1 DisclosureBroker

Scott Workman is a registered investment advisor at Wells Fargo Advisors, based in New York, NY, with 31 years of industry experience. Their practice areas include Business Owners, Divorce Planning, Education Planning, Financial Planning & Coaching, and 2 more. Their firm serves 1,327,695 clients with $610B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14703 advisors
IM Fee
Planning only
Assets Under Management
$606.0B

Fee Structure

Minimum Investment:$250K
  • Cash Flow Analysis — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Education Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Retirement Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Risk Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Wealth Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Divorce Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Special Needs Analysis — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Sports & Entertainment — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Business Owner Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.

The total fee per engagement can range up to $5,000 for clients with a net worth of $250,000 to $500,000, up to $12,500 for clients with a net worth over $500,000 to $1,000,000, and up to $25,000 for clients with a net worth over $1,000,000. Fees are subject to negotiation and may vary.

One-Time Plan:Up to $25,000
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Location

138 Clinton St, New York, NY, 10002

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History

Regulatory History (1)
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Customer Dispute
May 2002
Settled
Employment History
Current Registrations
Wells Fargo Clearing Services, LLCBroker
April 2024 - Present · 2 yrs 1 mo
Wells Fargo Advisors
April 2024 - Present · 2 yrs 1 mo
Previous Registrations
Citigroup Global Markets INC.Broker
April 2022 - May 2024 · 2 yrs 1 mo
Citigroup Global Markets INC.
April 2022 - May 2024 · 2 yrs 1 mo
Wells Fargo Clearing Services, LLC
March 2021 - October 2021 · 7 mos
Wells Fargo Clearing Services, LLCBroker
March 2021 - October 2021 · 7 mos
Wells Fargo Clearing Services, LLC
July 2017 - August 2020 · 3 yrs 1 mo
Wells Fargo Clearing Services, LLCBroker
July 2017 - August 2020 · 3 yrs 1 mo
Morgan StanleyBroker
July 2016 - September 2016 · 2 mos
Morgan Stanley Smith BarneyBroker
June 2009 - March 2011 · 1 yr 9 mos
Citigroup Global Markets INC.Broker
October 1989 - June 2009 · 19 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 1987 - November 1989 · 2 yrs 6 mos
Equico Securities, INC.Broker
March 1987 - May 1987 · 2 mos
The Equitable Life Assurance Society of the United StatesBroker
March 1987 - May 1987 · 2 mos
State Registrations12 states
CACTDCFLGAMENJNYOKPATXWA
AdvisorBrokerBoth

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Exams
No exam information available for this advisor.