TrueAdvisor
TrueAdvisor
DM
DM

Durbin Mcdermott

Stonex Advisors INC.
50 Years of Experience
Mantoloking, NJ
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Durbin Mcdermott is a registered investment advisor at Stonex Advisors INC., based in Mantoloking, NJ, with 50 years of industry experience. Durbin is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 9,843 clients with $5.1B in assets under management.

Stonex Advisors INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
233 advisors
Number of Clients
9,843 clients
Average Client Portfolio
$517K average
Assets Under Management
$5.1B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Minimum Annual Fee:$200
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Fees are negotiated between the client and financial advisor up to a maximum annualized rate of 2.00% for standard assets and 1.50% for annuity allocations. Subject to a minimum annual fee of $200 or 0.10%, whichever is greater ($300 for Unified Managed Accounts). American Funds F2 platform has a separate tiered schedule of 0.80% and 0.55%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Mantoloking, NJ

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
November 2008
Closed-No Action
Customer Dispute
March 2005
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Durbin is the President and one-third member of Partners Financial Group, LLC, dedicating nearly full-time hours to financial services, codevelopment, training, recruiting, and processing business. He also works as an agent for Highland Capital Brokerage Mid Atlantic (insurance brokerage) and as a mortgage originator for Mortgage Plus Inc, spending minimal time on each and earning commissions.

Employment History
Current Registrations
Stonex Advisors INC.
January 2015 - Present · 11 yrs 9 mos
Stonex Securities INC.Broker
September 2014 - Present · 12 yrs 1 mo
Previous Registrations
Sterne Agee Investment Advisor Services, INC.
November 2010 - January 2015 · 4 yrs 2 mos
Wrp Investments, INC.Broker
October 2010 - September 2014 · 3 yrs 11 mos
Saxony Capital Management, LLC
January 2010 - August 2010 · 7 mos
Saxony Securities, INC.Broker
December 2009 - August 2010 · 8 mos
Innovative Market Trends
August 2006 - December 2009 · 3 yrs 4 mos
Tfs Securities, INC.Broker
December 1987 - December 2009 · 22 yrs
Monarch Investments INC.Broker
July 1987 - December 1987 · 5 mos
Stuart Stone & CompanyBroker
November 1986 - August 1987 · 9 mos
Focus Securities, INC.Broker
November 1985 - December 1986 · 1 yr 1 mo
Cardell & Associates, IncorporatedBroker
May 1979 - November 1985 · 6 yrs 6 mos
Independent Financial Planners CorporationBroker
January 1977 - December 1978 · 1 yr 11 mos
Metropolitan Life Insurance CompanyBroker
August 1973 - April 1975 · 1 yr 8 mos
State Registrations9 states
CACODCDEFLMENJPASC
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 financial advisors in Mantoloking, NJ →All financial advisors in New Jersey →