Peter Wallace is a registered investment advisor at Professional Planning Group, based in Westerly, RI, with 31 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 1,296 clients with $1.2B 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 $500K | 1.00% |
| $500K - $5.0M | 0.75% |
| $5.0M - $15.0M | 0.50% |
| $15.0M - $25.0M | 0.40% |
| $25M+ | 0.30% |
A portion of the asset-based advisory fee is paid to RJFS and RJA for administrative services. Asset-based advisory fees and account minimums may be negotiable depending on the client’s unique situation.
Fee Estimator
Location
9 Granite Street, Westerly, RI, 02891
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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
Peter provides administrative support for his spouse's dental office, including bill pay and coordination with tax advisors. This requires minimal time.
Employment History
Current Registrations
Professional Planning Group
Raymond James Financial Services, INC.Broker
Previous Registrations
Professional Planning Group
Mfs Fund Distributors, INC.Broker
Mfs Financial Services, INC.Broker
State Registrations22 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.