Robert Scrabis
Robert Scrabis is a registered investment advisor at Commonwealth Financial Network, based in Metuchen, NJ, with 27 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
3 Amboy Avenue, Metuchen, NJ, 08840
Get directionsHistory
Regulatory History (2)
Customer Dispute
January 2016Customer Dispute
October 2007Other Business ActivitiesSells Insurance
Robert sells fixed insurance, dedicating minimal time to this activity. He is also a co-owner of Reilly Financial Group, LLC, which facilitates securities, advisory, and insurance business, taking about half of Robert's time. Robert is also a band member in two bands, but these activities are not investment-related and do not take up business hours.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Msi Financial Services, INC.
Msi Financial Services, INC.Broker
UBS Financial Services INC.
UBS Financial Services INC.Broker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
State Registrations23 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.