Nick Scarimbolo is a registered investment advisor at Equitable Advisors, LLC, based in Melville, NY, with 25 years of industry experience. Nick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 69,432 clients with $38B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Equitable Advisors offers investment management through LPL Financial programs and third-party asset managers (TAMPs). Fees vary depending on the program and assets invested.
For LPL programs like SAM, fees are based on a percentage of your portfolio. In some cases, you can choose whether to pay transaction charges directly or have the advisor pay them, which affects the overall advisory fee.
When using TAMPs, the fees are determined by the TAMP and a portion is paid to Equitable Advisors. The specific fees, minimums, and arrangements vary by TAMP, so it's important to review their brochures.
Equitable Advisors also offers ERISA fiduciary services to retirement plans, with fees determined by the specific services provided.
Location
395 North Service Road, Suite 206, Melville, NY, 11747
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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 Activities
Nick is involved with 10-35 115 ST LLC, a family-held real estate and investment property LLC, dedicating a few hours per week. He is also a board member of the Ferro Foundation, a non-profit organization.
Employment History
Current Registrations
Equitable Advisors, LLC
Equitable Advisors, LLCBroker
Previous Registrations
Phx Financial, INC.Broker
Maxim Group LLCBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Wells Fargo Advisors Financial Network, LLCBroker
Oppenheimer & CO. INC.Broker
Aegis Capital CORP.Broker
Citigroup Global Markets INC.Broker
First Midwest Securities, INC.Broker
LPL Financial CorporationBroker
Ifmg Securities, INC.Broker
Citigroup Global Markets INC.Broker
Citicorp Investment ServicesBroker
Gunnallen Financial, INCBroker
Benchmark Securities Group, INC.Broker
Maxim Group LLCBroker
Investec Ernst & CompanyBroker
Gkn Securities CORP.Broker
Gruntal & CO., L.L.C.Broker
State Registrations20 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.