Vincent Palumbos
Vincent Palumbos is a registered investment advisor at Novem Group, based in Rochester, NY, with 26 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, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 3,653 clients with $1.7B 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 $250K | 2.50% |
| $250K - $500K | 2.25% |
| $500K - $1.0M | 2.00% |
| $1.0M - $5.0M | 1.75% |
| $5M+ | 1.50% |
Fees are negotiable depending on client needs and complexity.
Fee Estimator
Location
350 Linden Oaks, Suite 140, Rochester, NY, 14625
Get directionsHistory
Regulatory History (1)
Customer Dispute
August 2016Other Business ActivitiesSells Insurance
Vincent is involved in several outside business activities. He volunteers with the Civil Air Patrol, works with American Portfolios Advisors and American Portfolios Financial Services, and is an investment adviser representative with Novem Group. Vincent is also an insurance agent, dedicating minimal time to this role.
Employment History
Current Registrations
Novem Group
Previous Registrations
Osaic Wealth, INC.Broker
American Portfolios Financial Services, INC.Broker
American Portfolios Advisors, INC
Wall Street Financial Group, INC
Wall Street Financial Group, INC.Broker
A. G. Edwards & Sons, INC.Broker
State Registrations5 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.