Michael Goldfeder
Michael Goldfeder is a CFP-designated registered investment advisor at Prospect Financial Services LLC, based in Melville, NY, with 31 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 643 clients with $420M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospect Financial charges a percentage of your portfolio annually for wealth management services. The fee can be up to 2.50% per year, depending on the complexity of your situation, the amount of assets managed, and the overall relationship with Prospect Financial. The fee is calculated based on the market value of your portfolio at the end of the prior quarter and is paid in advance. Fees may be negotiable.
Location
445 Broad Hollow Road, Suite Cl-43, Melville, NY, 11747
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2008Customer Dispute
August 2006Other Business ActivitiesSells Insurance
Michael operates Prospect Financial Services as a DBA for his LPL business, dedicating most of his time. He also sells non-variable insurance products, including life insurance, annuities, disability, and LTC, spending about 10-20% of his time on this activity. Additionally, Michael provides investment advisory services through Prospect Financial Services LLC, an independent investment advisor firm, spending about half his time.
Employment History
Current Registrations
Prospect Financial Services LLC
LPL Financial LLCBroker
Previous Registrations
The Pinnacle Financial Group
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
Hornor, Townsend & Kent, INC.
Hornor, Townsend & Kent, INC.Broker
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
Ryan Beck & CO.Broker
Gruntal & CO., L.L.C.Broker
David Lerner Associates, INC.Broker
State Registrations5 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.