Jonathan Satovsky
Jonathan Satovsky is a CFP, ChFC-designated registered investment advisor at Satovsky Asset Management LLC, based in New York, NY, with 32 years of industry experience. Jonathan operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 212 clients with $840M 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 | 1.50% |
| $1.0M - $10.0M | 1.00% |
| $10.0M - $25.0M | 0.50% |
| $25.0M - $50.0M | 0.40% |
| $50M+ | 0.30% |
Related client accounts may be aggregated for fee calculation. Fees may be negotiable. Minimum quarterly fee of $2,500. SAM's TFIS through Betterment is provided for the same fee schedule above subject to platform limitations and is calculated based on the average daily portfolio value of Client assets managed by Betterment payable on the last business day of the quarter in arrears. Betterment remits payment to SAM on behalf of Client. Betterment services include custody, account opening, execution, technology, trading, automate rebalancing and asset location. For these services, SAM has negotiated a platform fee-based relationship which currently ranges between 0.12% to 0.20% annually. This Platform fee is a separate fee apart from SAM’s management fee charged for such TFIS assets under management and is debited to each Client account directly by Betterment based on the average daily portfolio value of Client assets.
Fee Estimator
Location
149 Spring Street, Floor 4, New York, NY, 10012
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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
Jonathan sells fixed insurance through various carriers, dedicating minimal time to this activity. He is also an owner/author selling a book, provides pro-bono financial coaching to widows, and hosts a podcast, dedicating about a quarter of his time to the podcast.
Employment History
Current Registrations
Satovsky Asset Management LLC
Purshe Kaplan Sterling Investments
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Usf Securities, L.P.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations15 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.