TrueAdvisor
TrueAdvisor
LC
CFP
LC
CFP

Lance Cholet

UBS Financial Services INC.
27 Years of Experience
New York, NY
2 DisclosuresBroker
View SEC Summary
View SEC Summary

Lance Cholet is a CFP-designated registered investment advisor at UBS Financial Services INC., based in New York, NY, with 27 years of industry experience. Lance is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 1,144,588 clients with $920B in assets under management.

UBS Financial Services INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9366 advisors
IM Fee
Planning only
Assets Under Management
$915.8B

Fee Structure

Investment management only (planning not offered)
  • Customized Financial Planning Services — Typically ranges from $1,000 to $10,000, with a general range of $500 to $50,000 depending on the scope and complexity of the engagement. Fees up to $100,000 may be permitted for highly complex situations involving relationships with a net worth of $100 million or more.
One-Time Plan:$500 - $50,000
View Full SEC Brochure

Location

1285 Avenue of the Americas, 15 Thru 18th Floors, New York, NY, 10019

Get directions

History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2022
Denied
Customer Dispute
September 2019
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Lance participates in disciplinary hearings for CFP certificants, ensuring adherence to the board's ethical code and procedures. He was also a member of the board of directors and finance committee for Glen Ridge Congregational Church, responsible for creating the annual budget and overseeing financial resources, but this ended in 2019.

Employment History
Current Registrations
UBS Financial Services INC.
April 2006 - Present · 20 yrs 6 mos
UBS Financial Services INC.Broker
April 2006 - Present · 20 yrs 6 mos
Previous Registrations
Chase Investment Services CORP.
February 2005 - April 2006 · 1 yr 2 mos
Chase Investment Services CORP.Broker
August 2001 - April 2006 · 4 yrs 8 mos
Metlife Securities INC.Broker
June 1999 - June 2001 · 2 yrs
Metropolitan Life Insurance CompanyBroker
June 1999 - June 2001 · 2 yrs
State Registrations49 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMONCNHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in New York, NY →All financial advisors in New York →