PM
CFP
PM
CFP

Paul Thompson Mccormack

24 Years of Experience
1 DisclosureBroker
Areas of Practice
Investment ManagementRetirement PlanningHigh Net Worth
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
13 advisors
Number of Clients
4,083 clients
Average Client Portfolio
$787K average
Assets Under Management
$3.2B

Fee Structure

Minimum Investment:$750K
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $5.0M1.00%
$5.0M - $10.0M0.80%
$10.0M - $25.0M0.70%
$25.0M - $50.0M0.60%
$50.0M - $100.0M0.50%
$100M+0.50%

Fees are progressive. Fees negotiable for over $100 million.

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

6060 Parkland Boulevard, Suite 200, Cleveland, OH, 44124

Get directions

History

Regulatory History (1)
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Employment Separation After Allegations
December 2009
Other Business Activities

Paul works as a Portfolio Manager at Ancora Advisors. This investment-related activity takes about half of his time, especially during trading hours.

Employment History
Current Registrations
Ancora Private Wealth Advisors, LLC
January 2010 - Present · 16 yrs 1 mo
Inverness Securities, LLCBroker
January 2010 - Present · 16 yrs 1 mo
Previous Registrations
UBS Financial Services INC.
May 2004 - December 2009 · 5 yrs 7 mos
UBS Financial Services INC.Broker
May 2004 - December 2009 · 5 yrs 7 mos
Lincoln Financial Advisors Corporation
November 2001 - May 2004 · 2 yrs 6 mos
Lincoln Financial Advisors CorporationBroker
October 2001 - May 2004 · 2 yrs 7 mos
The Lincoln National Life Insurance CompanyBroker
October 2001 - May 2004 · 2 yrs 7 mos
State Registrations4 states
FLGANYOH
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Paul Thompson Mccormack - Financial Advisor | TrueAdvisor