Peter Bishop is a registered investment advisor at Salem Advisory Group LLC, based in Wells, ME, with 35 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 288 clients with $76M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $2.5M | 1.25% |
| $2.5M+ | 1.25% |
Fees are negotiable and calculated using an average daily balance. Pension consulting fees range from 0.1% to 1.50%. Section 3(21) advisory services for 401(k) plans are charged at 0.5%.
Fee Estimator
Location
1332 Post Road, Suite 2A, Wells, ME, 04090
Get directionsHistory
Regulatory History (5)
Regulatory
March 2014Regulatory
October 2013Regulatory
November 2012Regulatory
November 2012Employment Separation After Allegations
September 2011Employment History
Current Registrations
Salem Advisory Group LLC
Previous Registrations
Ameriprise Financial Services, INC.Broker
Ameriprise Financial Services, INC.
RBC Capital Markets, LLC
RBC Capital Markets, LLCBroker
Tucker Anthony IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations3 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.
Exams
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