John Donovan
John Donovan is a registered investment advisor at Osaic Wealth, INC., based in Plano, TX, with 34 years of industry experience. John 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
1701 Iowa Drive, Plano, TX, 75093
Get directionsHistory
Regulatory History (2)
Customer Dispute
April 2023Customer Dispute
May 2004Other Business ActivitiesSells Insurance
John is involved in several activities, including being a precinct chair for the Collin County Republican Party, a board member for Texas Exes Dallas Chapter and Tax Increment Financing Reinvestment Zone No. 4 Board, and a trustee for family trusts. He also serves as President of Longhorn Wealth Management Group, where he acts as an advisory representative and engages in insurance sales and service, dedicating about 10-20% of his time to the latter.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Lincoln Financial Advisors CorporationBroker
Lincoln Financial Advisors Corporation
The Lincoln National Life Insurance CompanyBroker
UBS Painewebber INC.Broker
UBS Painewebber INC.
J.C. Bradford & CO.Broker
Mony Securities CorporationBroker
State Registrations14 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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