Peter Potestato
Peter Potestato is a registered investment advisor at Founders Financial Securities, LLC, based in Chesterfield, MI, with 34 years of industry experience. Peter is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Business Owners, Corporate Executives, Education Planning, and 8 more. Their firm serves 9,870 clients with $4.1B 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 | 1.70% |
| $1M+ | 1.40% |
Fees vary by program and are negotiable. Maximum rates reach up to 2.75% depending on the specific program selected. The schedule reflects Private Wealth Solutions tiers; other programs charge flat percentage rates up to 2.75%.
Fee Estimator
Location
Chesterfield, MI
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
August 2010Employment Separation After Allegations
December 2003Other Business ActivitiesSells Insurance
Peter works as an insurance agent for Diversified Retirement Services, selling fixed and equity indexed annuities. This activity takes about half of his time.
Employment History
Current Registrations
Founders Financial Securities LLCBroker
Founders Financial Securities, LLC
Previous Registrations
LPL Financial CorporationBroker
Associated Securities CORP.Broker
Signator Investors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
State Registrations7 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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