Rico Camerone
Rico Camerone is a ChFC-designated registered investment advisor at New Era Investments LLC, based in Southfield, MI, with 26 years of industry experience. Rico operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Financial Planning & Coaching, High Net Worth, Insurance Planning, and 3 more. Their firm serves 761 clients with $29M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.25% |
If NEILLC selects another advisor to manage your investments, the total annual fee will range from 1.65% to 1.85%, which includes NEILLC's fee of 1.25% and the third-party advisor's fee. Clients who use financial planning services will pay $50 monthly via Advice Pay, and will pay a reduced 0.75% annual fee on the value of their portfolio as long as the financial planning agreement is effective. In the event the financial planning agreement is cancelled the normal 1.25% AUM fee will apply
Fee Estimator
Location
28411 Northwestern Hwy, Suite 970, Southfield, MI, 48034
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2007Criminal
May 1991Other Business ActivitiesSells Insurance
Rico is an agent, member, and principal at New Era Investments LLC, selling fixed annuities, life insurance, and long-term care products, dedicating more than full-time hours to this. He is also a principal member at Integrity Insurance Agency LLC, involved in property and casualty sales and life insurance, taking about half of his time, and is a principal member at New Era Properties LLC, investing in commercial real estate.
Employment History
Current Registrations
New Era Investments LLC
Previous Registrations
Capital Analysts
Lincoln InvestmentBroker
Lincoln Investment
Great American Advisors, INC.
Great American Advisors, INC.Broker
Brecek & Young Advisors, INC.Broker
Donahue Securities, INC.Broker
Proequities, INC.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.