Thomas Papa
Thomas Papa is a registered investment advisor at Oaktrust Wealth Advisors, LLC, based in Wilton, CT, with 23 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 236 clients with $290M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
OakTrust charges an annual investment advisory fee, paid quarterly in advance, based on the value of your portfolio. The fee can be up to 1.25% annually, depending on the complexity of services, the amount you invest, and your overall relationship with OakTrust. Fees may be negotiable. If OakTrust uses independent managers, the total blended fee will not exceed 2.00% annually.
Location
Wilton, 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
Thomas is a travel agent with Travel by Helen, LLC, dedicating minimal time. He is also a registered investment advisor with OakTrust Wealth Advisors, LLC, spending about half his time on financial planning and investment advice, and sells non-variable insurance through BSMG, dedicating minimal time.
Employment History
Current Registrations
Oaktrust Wealth Advisors, LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
Goldman, Sachs & CO.Broker
State Registrations20 states
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