Farrukh Kazmi
Farrukh Kazmi is a registered investment advisor at Bfc Planning, INC., based in Moorestown, NJ, with 24 years of industry experience. Farrukh operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 3 more. Their firm serves 6,720 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BFC Planning offers asset management services through various platforms. Fees are based on the amount of assets managed and can vary depending on the platform and the IAR. The maximum allowable fee is 2.5% annually. Fees may be charged in advance or arrears, monthly or quarterly. Clients may also incur charges from third parties, such as mutual fund expenses and IRA fees. Some platforms have minimum account sizes.
Platforms include:
- Berthel Edge
- BFC Advisory program
- American Funds Direct F-2 Share Class Program
- Institutional RIA Platform
- Variable Annuity/Variable Life Sponsors
- Envestnet’s Managed Account Solutions
- Sub-Advisory Platforms
- Held Away Accounts
Location
Moorestown, NJ
Get directionsHistory
Regulatory History (6)
Customer Dispute
July 2020Customer Dispute
July 2020Regulatory
August 2018Employment Separation After Allegations
March 2005Customer Dispute
June 1999Employment Separation After Allegations
October 1998Other Business Activities
Farrukh works full-time as a financial advisor at A&S Asset Management. He is also a managing member of ASL Associates LLC, manages real estate, and is an investor/member/partner in several real estate properties, dedicating minimal time to these activities.
Employment History
Current Registrations
Bfc Planning, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Previous Registrations
Bright Trading, LLCBroker
Sterne Agee Financial Services, INC.Broker
Cantella & CO., INC.Broker
Raymond James Financial Services, INC.Broker
Dean Witter Reynolds INC.Broker
State Registrations6 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.