PD
CFP · ChFC
PD
CFP · ChFC

Paul Drach

37 Years of Experience
Eden Paririe, MN
BrokerSells Insurance

Paul Drach is a CFP, ChFC-designated registered investment advisor at Cetera Investment Advisers LLC, based in Eden Paririe, MN, with 37 years of industry experience. Paul operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10345 advisors
IM Fee
Planning only
Assets Under Management
$163.8B
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Location

Eden Paririe, MN

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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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Other Business ActivitiesSells Insurance

Paul is an advisory representative for Advisornet Financial Inc. and Oria Advisornet Wealth Management, and owns Drach Financial and Planned Benefits, Inc. He also sells fixed life, health, and disability insurance, and life settlements, and is a trustee for a family trust.

Employment History
Current Registrations
Cetera Investment Advisers LLC
June 2023 - Present · 3 yrs 1 mo
Advisornet Wealth Partners
January 2014 - Present · 12 yrs 6 mos
Cetera Wealth Services, LLCBroker
January 2004 - Present · 22 yrs 6 mos
Cetera Wealth Services, LLC
January 2004 - Present · 22 yrs 6 mos
Previous Registrations
Cetera Advisor Networks LLC
January 2014 - June 2023 · 9 yrs 5 mos
Metropolitan Life Insurance CompanyBroker
August 1996 - August 1997 · 1 yr
Metropolitan Life Insurance CompanyBroker
May 1996 - August 1997 · 1 yr 3 mos
New England SecuritiesBroker
April 1990 - January 2004 · 13 yrs 9 mos
Sunamerica Securities, INC.Broker
June 1989 - April 1990 · 10 mos
Southmark Financial Services, INC.Broker
May 1988 - June 1989 · 1 yr 1 mo
State Registrations2 states
MNWI
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.
Paul Drach - Financial Advisor | TrueAdvisor