Douglas Charney
Douglas Charney is a registered investment advisor at Prospera Financial Services, INC., based in Dallas, TX, with 37 years of industry experience. Their practice areas include Estate Planning, Retirement Planning. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospera Financial Services offers investment management through various programs. The fees are based on a percentage of your portfolio's value and are negotiable, but the maximum annual fee is 2.15%. The specific fee and services are agreed upon in an advisory agreement. Fees are typically deducted from your account. Some programs may have additional fees, such as transaction costs or sub-account fees. Prospera also participates in revenue sharing with custodians and other third parties, which creates a conflict of interest.
Location
5429 Lbj Freeway, Suite 750, Dallas, TX, 75240
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Regulatory History (1)
Customer Dispute
November 2024Other Business Activities
Douglas owns Charney Air, Inc., an aircraft leasing company, and spends minimal time on it. He also owns rental properties and is a board member advising the Chancellor of Penn State Harrisburg, dedicating minimal time to each.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
Wells Fargo Advisors, LLCBroker
Wells Fargo Advisors, LLC
First Union Capital Markets CORP.Broker
Dean Witter Reynolds INC.Broker
State Registrations28 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.