Vincent Russo
Vincent Russo is a CFA-designated registered investment advisor at National Investment Services of America, LLC, based in Milwaukee, WI, with 10 years of industry experience. Vincent operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 342 clients with $13B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
NIS's fees for managing investments are based on a percentage of the total value of the assets managed. These fees are negotiated with clients individually and depend on the specific investment strategy and the client relationship. Here's a general idea of the fees:
- Core Strategy: 0.30% on the first $50 million, 0.25% on the next $50 million, and negotiable on the remaining balance.
- Core Plus Strategy: 0.35% of the total value.
- Total Absolute Return Strategy: 1% of the total value, plus a 15% incentive fee on net profits (only offered in private funds).
- Dynamic Fixed Income Strategy: 0.60% of the total value.
- Preferred Stock Strategy: 0.60% of the total value, plus a 15% incentive fee on net profits (only offered in private funds).
Location
777 East Wisconsin Avenue, Suite 2350, Milwaukee, WI, 53202
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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 Activities
Vincent is an investment committee member of the Waukesha Boy Scout Investment Committee since 2014, evaluating asset managers' strategies and performance. He dedicates minimal time to this role.
Employment History
Current Registrations
National Investment Services of America, LLC
Previous Registrations
National Investment Services, INC
BMO Asset Management U.S.
M&i Investment Management CORP.
State Registrations1 state
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