Scott Mclean
Scott Mclean is a registered investment advisor at Foundations Investment Advisors LLC, based in Waretown, NJ, with 19 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 25,166 clients with $7.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
A $150 annual minimum management fee will be assessed on all accounts. All accounts will also be assessed a $50 annual administrative and technology fee (ATF) at the end of the January billing cycle. The fee schedule may not be the actual fee charged, but the maximum fee charged. Sub-Adviser fees are included in the fee schedule above.
Fee Estimator
Location
516 Route 9, Waretown, NJ, 08758
Get directionsHistory
Regulatory History (4)
Regulatory
June 2022Regulatory
September 2013Regulatory
September 2011Employment Separation After Allegations
October 2010Other Business ActivitiesSells Insurance
Scott is an 80% owner, CEO, and insurance agent at McLean Tax Advisory Group LLC, selling fixed insurance, fixed annuities, and health insurance, which takes about 10% of his time. He also owns 50% of New View Equestrian Center, an equestrian boarding facility, but spends no time on it.
Employment History
Current Registrations
Foundations Investment Advisors LLC
Previous Registrations
Sound Income Strategies, LLC
Belpointe Asset Management LLC
Sicor Securities INCBroker
PFS Investments INC.Broker
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.