RM
RM

Robert Magnacca

29 Years of Experience
Waltham, MA
Broker

Robert Magnacca is a registered investment advisor at Empower Advisory Group, LLC, based in Waltham, MA, with 29 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 250,707 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1613 advisors
Number of Clients
250,707 clients
Average Client Portfolio
$635K average
Assets Under Management
$159.1B

Fee Structure

Planning is included in investment management
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K0.50%
$100K - $250K0.40%
$250K - $400K0.30%
$400K+0.20%

EAG reserves the right to offer discounted fees or waive periodic fees.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

255 Bear Hill Road, Waltham, MA, 02451

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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 Activities

Robert is an author of multiple books and a co-founder of salesforlife.ai, an online sales training platform. He dedicates minimal time to his books and a few hours per week to the sales training platform.

Employment History
Current Registrations
Empower Advisory Group, LLC
January 2022 - Present · 4 yrs 6 mos
Empower Financial Services, INC.Broker
November 2021 - Present · 4 yrs 8 mos
Previous Registrations
Advice and Planning Services
October 2015 - November 2020 · 5 yrs 1 mo
Tiaa-Cref Individual & Institutional Services, LLCBroker
October 2015 - November 2020 · 5 yrs 1 mo
TD Ameritrade, INC.Broker
December 2014 - September 2015 · 9 mos
TD Ameritrade, INC.
November 2014 - September 2015 · 10 mos
Amerivest Investment Management, LLC
November 2014 - September 2015 · 10 mos
Financial Engines Advisors L.L.C.
May 2009 - September 2014 · 5 yrs 4 mos
MML Distributors, LLCBroker
March 2006 - August 2007 · 1 yr 5 mos
Strategic Advisers, INC.
July 1998 - June 2004 · 5 yrs 11 mos
Fidelity Brokerage Services LLCBroker
July 1996 - June 2004 · 7 yrs 11 mos
Commonwealth Equity Services, INC.Broker
January 1996 - July 1996 · 6 mos
Linsco/private Ledger CORP.Broker
June 1994 - February 1996 · 1 yr 8 mos
Linsco/private Ledger CORP.Broker
July 1992 - August 1993 · 1 yr 1 mo
Linsco/private Ledger CORP.Broker
December 1989 - September 1990 · 9 mos
Linsco Financial Group, INC.Broker
May 1989 - December 1989 · 7 mos
Pruco Securities CorporationBroker
March 1989 - April 1989 · 1 mo
The Prudential Insurance Company of AmericaBroker
March 1989 - April 1989 · 1 mo
Linsco Financial Group, INC.Broker
December 1988 - December 1989 · 1 yr
State Registrations22 states
AZCACTGAILMAMEMIMOMTNCNHNJNVOKORPARISCTXWAWI
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.