Frank Scarito
Frank Scarito is a registered investment advisor at Bfc Planning, INC., based in Manchester, NH, with 37 years of industry experience. Frank operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 3 more. Their firm serves 6,720 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BFC Planning offers asset management services through various platforms. Fees are based on the amount of assets managed and can vary depending on the platform and the IAR. The maximum allowable fee is 2.5% annually. Fees may be charged in advance or arrears, monthly or quarterly. Clients may also incur charges from third parties, such as mutual fund expenses and IRA fees. Some platforms have minimum account sizes.
Platforms include:
- Berthel Edge
- BFC Advisory program
- American Funds Direct F-2 Share Class Program
- Institutional RIA Platform
- Variable Annuity/Variable Life Sponsors
- Envestnet’s Managed Account Solutions
- Sub-Advisory Platforms
- Held Away Accounts
Location
Manchester, NH
Get directionsHistory
Regulatory History (2)
Customer Dispute
December 2013Customer Dispute
August 2003Other Business ActivitiesSells Insurance
Frank is a registered representative with Leaf Financial Services, selling investments and insurance and providing financial planning. He also referees soccer matches, owns Four Winds Assigning Group, LLC, and is the CEO of Better Way to Help Inc., a non-profit organization.
Employment History
Current Registrations
Bfc Planning, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Previous Registrations
Vsr Advisory Services
Vsr Financial Services, INC.Broker
Lombard Securities IncorporatedBroker
Sunpoint Securities, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
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.