MF
CFP
MF
CFP

Michael Feinman

34 Years of Experience
Huntington, NY
Broker

Michael Feinman is a CFP-designated registered investment advisor at Allstate Financial Advisors, LLC, based in Huntington, NY, with 34 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 280 clients with $82M in assets under management.

Compensation
N/A
Firm Size
336 advisors
Number of Clients
280 clients
Average Client Portfolio
$293K average
Assets Under Management
$82.0M

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)

Allstate Financial Advisors (AFA) uses Fidelity Institutional Wealth Adviser's (FIWA) FMAX wrap fee program. The fee covers investment advice and trading costs, based on a percentage of the assets managed, up to 1.5%. AFA receives part of this fee, creating a potential conflict of interest. Clients should compare the FMAX program's overall cost and service with other options, including brokerage accounts and other advisor programs.

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Location

202 E Main St Ste 107, Huntington, NY, 11743-2978

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Allstate Financial Advisors, LLC
March 2024 - Present · 2 yrs 2 mos
Allstate Financial Services, LLCBroker
June 2022 - Present · 3 yrs 11 mos
Previous Registrations
Ameriprise Financial Services, INC.Broker
February 1987 - July 2017 · 30 yrs 5 mos
State Registrations1 state
NY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Michael Feinman - Financial Advisor | TrueAdvisor