Eli Moallem
Eli Moallem is a registered investment advisor at Newedge Advisors, based in New Orleans, LA, with 28 years of industry experience. Eli 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 42,946 clients with $27B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
NewEdge Advisors manages investments through a wrap fee program. Clients pay a single annual fee, not to exceed 2.50%, which covers investment advice and custodial transaction costs. The fee is calculated based on the value of the account and is billed quarterly in advance. Fees are negotiable. Clients may pay more for the wrap fee service than they would for non-wrap services, depending on their account's trading activity.
Location
858 Camp Street, New Orleans, LA, 70130
Get directionsHistory
Regulatory History (2)
Customer Dispute
October 2019Customer Dispute
November 2011Other Business ActivitiesSells Insurance
Eli is involved in several outside business activities, including political campaigns, county committee work, and insurance/annuity sales. He dedicates a full-time effort to financial planning and investment services through Heritage Family Wealth Management DBA NewEdge Advisors.
Employment History
Current Registrations
Newedge Advisors
Previous Registrations
Newedge Securities, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.Broker
Cibc World Markets CORP.Broker
Painewebber IncorporatedBroker
D. H. Blair & CO., INC.Broker
State Registrations1 state
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.