Peter Palion
Peter Palion is a CFP-designated registered investment advisor at Mariner Advisor Network, based in East Norwich, NY, with 37 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 16,313 clients with $8.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mariner Independent Advisor Network offers investment management services through its network of IARs. Fees are based on the value of your portfolio and are deducted from your account. There are two fee options:
- Transaction Based Fee Option (TBFO): You pay transaction charges and/or commissions at the time of each transaction in addition to investment advisory fees. The advisory fees range from 0.4% to 2.55% if you pay for transaction charges, or 0.4% to 2.75% if the IAR pays for all transaction charges.
- Asset Based Fee Option (ABFO): You are charged a single periodic fee for advisory services, transaction charges, brokerage, and related services based on the value of assets in your account. The appropriateness of this option depends on your investment objectives, financial situation, and the frequency of trading in your account.
Fees are negotiable and can vary based on the complexity of your situation, the scope of services provided, and the expertise of the IAR.
Location
East Norwich, NY
Get directionsHistory
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
Peter is the President, Chairman, Owner, and Advisor at Master Plan Advisory, Inc., providing financial planning and portfolio management services since 1994, and is also an independent insurance agent for life, health, and annuities. He also operates as a sole proprietor as an independent insurance agent, dedicating a few hours per week to writing new business and servicing existing clients.
Employment History
Current Registrations
Mariner Advisor Network
LPL Financial LLCBroker
Previous Registrations
Fortune Financial Services, INC.Broker
Master Plan Advisory, INC.
Rnr Securities, L.L.C.Broker
United Planners' Financial Services of America a Limited PartnerBroker
Comprehensive Asset Management and Servicing, INC.Broker
Wall Street Financial Group, INC.Broker
Cambridge Investment Research, INC.Broker
Long Grove Trading CO.Broker
Long Grove Trading CO.Broker
Securities America, INC.Broker
Fsc Securities CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
Shearson Lehman Hutton INC.Broker
State Registrations5 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.