Frank Germano
Frank Germano is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in East Hartford, CT, with 34 years of industry experience. Frank is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.
- Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
- Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
- Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.
Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.
Location
77 Hartland Street, Suite 400, East Hartford, CT, 06108
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2013Customer Dispute
October 2003Other Business ActivitiesSells Insurance
Frank offers tax preparation services and various fixed insurance products, including annuities, disability, long-term care, and life insurance through Germano Financial. He also owns and manages multiple LLCs through which insurance products are offered, dedicating about 10-20% of his time to these activities.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Osaic Fs, INC.Broker
Osaic Fs, INC.
Investors Capital CORP.Broker
Investors Capital Advisory
Tower Square Securities, INC.
Tower Square Securities, INC.Broker
Veravest Investment Advisors, INC.
Veravest Investments, INC.Broker
State Registrations19 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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