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ChFC

Craig Marcello

Turning Point Financial
26 Years of Experience
Covington, LA
3 Disclosures
View SEC Summary
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Craig Marcello is a ChFC-designated registered investment advisor at Turning Point Financial, based in Covington, LA, with 26 years of industry experience. Craig operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Divorce Planning, Education Planning, Estate Planning, and 6 more. Their firm serves 794 clients with $340M in assets under management.

Turning Point Financial
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
15 advisors
Number of Clients
794 clients
Average Client Portfolio
$427K average
Assets Under Management
$339.4M

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K1.60%
$500K - $1.0M1.25%
$1.0M - $3.0M1.00%
$3.0M - $5.0M0.85%
$5.0M - $10.0M0.75%
$10M+0.65%

Fees are guidelines and may be negotiable. Additional asset management model fees ranging from 0.15% to 0.60% may apply depending on the chosen strategy.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Covington, LA

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
November 2003
Settled
Customer Dispute
March 2003
Settled
Customer Dispute
October 2002
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Craig serves as a board member for Marcello, dedicating minimal time to this role. This activity is not investment-related.

Employment History
Current Registrations
Turning Point Financial
February 2025 - Present · 1 yr 8 mos
Previous Registrations
Ameriprise Financial Services, LLC
September 2023 - July 2024 · 10 mos
Ameriprise Financial Services, LLCBroker
September 2023 - July 2024 · 10 mos
Ameriprise Financial Services, LLC
April 2023 - July 2023 · 3 mos
Ameriprise Financial Services, LLCBroker
April 2023 - July 2023 · 3 mos
LPL Financial LLC
January 2022 - May 2023 · 1 yr 4 mos
LPL Financial LLCBroker
January 2022 - May 2023 · 1 yr 4 mos
LPL Financial LLC
December 2021 - December 2021 · 0 mos
Marcello Wealth Advisory LLC
April 2019 - December 2021 · 2 yrs 8 mos
Marcello Wealth Advisory LLC
August 2016 - December 2018 · 2 yrs 4 mos
Morgan StanleyBroker
February 2013 - June 2015 · 2 yrs 4 mos
Morgan Stanley
February 2013 - June 2015 · 2 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2010 - May 2011 · 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2010 - May 2011 · 9 mos
UBS Financial Services INC.
January 2007 - April 2009 · 2 yrs 3 mos
UBS Financial Services INC.Broker
November 2003 - April 2009 · 5 yrs 5 mos
Citigroup Global Markets INC.
February 2000 - December 2003 · 3 yrs 10 mos
Citigroup Global Markets INC.Broker
April 1998 - December 2003 · 5 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 1995 - April 1998 · 3 yrs 3 mos
Rauscher Pierce Refsnes, INC.Broker
April 1994 - August 1994 · 4 mos
State Registrations1 state
LA
Advisor

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
No exam information available for this advisor.
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