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Damany Henry

29 Years of Experience
Chicago, IL
1 DisclosureBrokerSells Insurance

Damany Henry is a registered investment advisor at Arete Wealth Advisors, LLC, based in Chicago, IL, with 29 years of industry experience. Damany 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
138 advisors
Number of Clients
5,426 clients
Average Client Portfolio
$506K average
Assets Under Management
$2.7B

Fee Structure

Minimum Investment:$50K
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $249K3.00%
$249K - $750K2.50%
$750K - $1.5M2.00%
$1.5M - $5.0M1.75%
$5M+1.50%

Fees are negotiable. A $50,000 initial minimum account balance is generally required, but may be waived.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

1115 W Fulton Market, 3rd Floor, Chicago, IL, 60607

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History

Regulatory History (1)
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Customer Dispute
June 2009
Settled
Other Business ActivitiesSells Insurance

Damany owns DEH Advisors for tax and bill pay purposes, dedicating minimal time. He also works full-time as a registered representative/advisor for Fincadia LLC, as an insurance agent for Fincadia Capital Partners, and providing tax preparation services through Fincadia Tax Services.

Employment History
Current Registrations
Arete Wealth Advisors, LLC
March 2023 - Present · 3 yrs 2 mos
Arete Wealth Management, LLCBroker
July 2022 - Present · 3 yrs 10 mos
Previous Registrations
National Securities CorporationBroker
June 2008 - July 2022 · 14 yrs 1 mo
Eastbrook Capital Group LLCBroker
September 1998 - June 2008 · 9 yrs 9 mos
Bluestone Capital Partners, L.P.Broker
February 1998 - September 1998 · 7 mos
Nichols, Safina, Lerner & CO. INC.Broker
March 1997 - March 1998 · 1 yr
State Registrations27 states
CACOCTDCFLGAIAILINLAMAMIMNMONCNJNYOHORPASCTNTXVAVTWIWY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.