Elliot Herman
Elliot Herman is a CFP-designated registered investment advisor at Edelman Financial Engines, based in Quincy, MA, with 31 years of industry experience. Elliot operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,281,720 clients with $290B 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 $400K | 1.75% |
| $400K - $750K | 1.25% |
| $750K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $10.0M | 0.60% |
| $10.0M - $25.0M | 0.50% |
| $25M+ | Included |
Fees are negotiable for accounts over $25,000,000. Clients referred by the Engagement Center may receive a discount. Edelman Financial Engines employees and their spouses/households are also eligible for a discounted fee.
Fee Estimator
Location
1 Pine Hill Drive, Suite 502, Quincy, MA, 02169
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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 ActivitiesSells Insurance
Elliot is involved with several non-profit and community organizations, including Riverside Community Care, One Family, Temple Beth Shalom, JBBBBS, and the FPA/Dana Farber Coaching Program, dedicating minimal time to each. He also assists Trident Wealth Strategies with investment client reporting, spending minimal time on this activity.
Employment History
Current Registrations
Edelman Financial Engines
Previous Registrations
Lion Street Financial, LLCBroker
Prw Wealth Management LLC
Kestra Advisory Services, LLC
NFP Advisor Services, LLC
Kestra Investment Services, LLCBroker
Fechtor, Detwiler & CO., INC.Broker
Loomis Sayles Distributors, L.P.Broker
New England Funds, L.P.Broker
State Registrations2 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.