Eric Passin is a registered investment advisor at Savvy, based in Denville, NJ, with 32 years of industry experience. Eric operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,207 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Savvy Advisors charges a percentage of your managed assets. These fees are negotiable and typically range from 0.3% to 1.9% per year, depending on the size and complexity of your account. Fees are billed either quarterly or monthly, in arrears or in advance. Savvy generally requires a $500,000 minimum account size, but this is negotiable. In some cases, investment management fees will be based on a percentage of the client’s net worth, ranging between 0.1% and 0.4%. Clients may be charged an additional fee for direct indexing and covered calls strategies.
Location
Denville, NJ
Get directionsHistory
Regulatory History (2)
Judgment / Lien
July 2014Judgment / Lien
June 2014Other Business ActivitiesSells Insurance
Eric is an insurance agent with DPL Financial Partners, offering accidental, health, life, and variable annuities and term. This activity takes minimal time.
Employment History
Current Registrations
Savvy
Previous Registrations
Farther
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Advice and Planning Services
Tiaa-Cref Individual & Institutional Services, LLCBroker
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Charles Schwab & CO., INC.
Charles Schwab & CO., INC.Broker
A. G. Edwards & Sons, INC.Broker
Painewebber IncorporatedBroker
Dean Witter Reynolds INC.Broker
State Registrations1 state
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.