Douglas Didominica
Douglas Didominica is a registered investment advisor at Commonwealth Financial Network, based in Melville, NY, with 29 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
445 Broadhollow Road, Suite 203 & 230, Melville, NY, 11747
Get directionsHistory
Regulatory History (1)
Customer Dispute
August 2009Other Business ActivitiesSells Insurance
Douglas is involved in fixed insurance sales and real estate management. He also co-owns several entities including Imperity Advisors, LLC, Imperity Insurance Services, LLC, and Imperity Group, LLC, dedicating about half of his time to these activities, and provides tax preparation and planning services.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
Obsidian Financial Group, LLCBroker
The Investment Center, INC.Broker
Wall Street Financial Group, INC.Broker
Investment Management & Research, INCBroker
State Registrations14 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.