Vincent Farasciano
Vincent Farasciano is a registered investment advisor at Innovative Wealth Management, based in Trumbull, CT, with 25 years of industry experience. Vincent operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 89 clients with $9.1M 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 $1.0M | 2.00% |
| $1.0M - $5.0M | 1.50% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 0.50% |
Fees are negotiable. IWM also offers portfolio management via Charles Schwab's Institutional Intelligent Portfolios Program with different fee schedules depending on whether the client engages IWM for on-going planning services.
Fee Estimator
Location
Trumbull, CT
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Vincent is a licensed insurance agent compensated for selling insurance policies. He also manages America's Mutual, offering life and health insurance, dedicating about 10-20% of his time, and LegacyRx LLC, an estate document creation platform, dedicating minimal time.
Employment History
Current Registrations
Innovative Wealth Management
Previous Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
Investment Advisors
Proequities, INC.Broker
Uvest Financial Services Group, INC.
Uvest Financial Services Group, INC.Broker
Wachovia Securities, LLCBroker
Wachovia Securities, LLC
Afs Brokerage, INC.Broker
Metlife Securities INC.
Metropolitan Life Insurance CompanyBroker
Metlife Securities INC.Broker
Ewealth Securities, INC.Broker
Painewebber IncorporatedBroker
First Republic Group, LLCBroker
State Registrations4 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.