Steven Araneo
Steven Araneo is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Rockville Centre, NY, with 30 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
41 Front St, 2nd Floor, Rockville Centre, NY, 11570
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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
Steven is an investment advisor representative with Securities America Advisors since 2000 and owns rental property managed by his wife and a real estate agent. He is also a life insurance agent since 1999 and owner/tax preparer for Araneo Tax and Financial, dedicating about a quarter of his time to tax preparation.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Prime Capital Services, INC.Broker
Royal Alliance Associates, INC.Broker
Royal Alliance Associates, INC.Broker
State Registrations29 states
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