Kenneth New
Kenneth New is a registered investment advisor at Arete Wealth Advisors, LLC, based in Merritt Island, FL, with 29 years of industry experience. Kenneth operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 5,426 clients with $2.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $249K | 3.00% |
| $249K - $750K | 2.50% |
| $750K - $1.5M | 2.00% |
| $1.5M - $5.0M | 1.75% |
| $5M+ | 1.50% |
Fees are negotiable. A $50,000 initial minimum account balance is generally required, but may be waived.
Fee Estimator
Location
1351 N Courtenay Pkwy, Suite BB, Merritt Island, FL, 32953
Get directionsHistory
Regulatory History (5)
Customer Dispute
August 2025Customer Dispute
November 2024Customer Dispute
July 2022Customer Dispute
June 2022Regulatory
February 2013Other Business ActivitiesSells Insurance
Kenneth owns Pinnacle Financial Wealth Management, LLC/Pinnacle Financial Network, working with clients on fixed insurance products. This takes about half of his time.
Employment History
Current Registrations
Arete Wealth Advisors, LLC
Arete Wealth Management, LLCBroker
Previous Registrations
Center Street Advisors, INC.
Center Street Securities, INC.Broker
Pinnacle Financial Wealth Management, LLC
Brookstone Capital Management LLC
Center Street Securities, INC.Broker
USA Financial Securities Corporation
USA Financial Securities CorporationBroker
Ameritas Investment CORP.Broker
Signator Investors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
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.