Jorge Velez
Jorge Velez is a registered investment advisor at Popular Securities, LLC, based in Santurce, PR, with 27 years of industry experience. Jorge operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 2,120 clients with $2.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Popular Securities provides investment management through the FMAX Program and fixed income managers. The annual advisory fee has a cap of 2.50% for the FMAX Program and 1.10% for the Fixed Income Program. The total client fee is negotiated and can be based on asset levels or a single fee rate. Program fees are charged separately by FMAX or the fixed income manager and are based on a percentage of assets under management, billed quarterly in advance. There is a minimum annual program fee. Popular Securities also receives compensation from Russell Investments for certain mutual fund sales.
Location
Roberto H. Todd, #100, Santurce, PR, 00976
Get directionsHistory
Regulatory History (11)
Customer Dispute
November 2019Customer Dispute
August 2019Customer Dispute
June 2019Customer Dispute
September 2018Customer Dispute
February 2018Customer Dispute
February 2018Judgment / Lien
December 2016Customer Dispute
June 2016Customer Dispute
October 2015Customer Dispute
September 2014Customer Dispute
November 2011Other Business Activities
Jorge is a director and secretary for Antonio Roig Sucrs, involved in leasing commercial property and real estate development, and secretary for Libra Government Building Inc, acquiring and leasing property for the Humacao Judicial Center, dedicating minimal time to each. He is also a Bailli for Chaine Des Rotisseurs, a gastronomic society.
Employment History
Current Registrations
Popular Securities, LLC
Popular Securities, LLCBroker
Previous Registrations
Popular Securities, INC.
State Registrations2 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.