Steven Fraidstern
Steven Fraidstern is a ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Ft. Lauderdale, FL, with 51 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
2699 Stirling Road, Suite A-200, Ft. Lauderdale, FL, 33312
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Steven is a trustee for AFC Profit Sharing Plan, a partner in AFV & W Real Estate Partnership LLP, and holds various treasurer/secretary positions in several companies including Associated Pension Consultants, Inc., Associated Financial Consultants, Inc., Associated Investor Services, Inc., and AFC-AIS Holding Corp. He dedicates about 10-20% of his time to fixed insurance sales and minimal time to investment sales and advice.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Associated Investor Services, INC.
Previous Registrations
Securities America, INC.Broker
Securities America Advisors, INC.
Investacorp Advisory Services INC
Investacorp, INC.Broker
New England SecuritiesBroker
State Registrations16 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.