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ChFC
AB
ChFC

Allen Bruce

On Investment Management CO
53 Years of Experience
Silver Spring, MD
BrokerSells Insurance
View SEC Summary
View SEC Summary

Allen Bruce is a ChFC-designated registered investment advisor at On Investment Management CO, based in Silver Spring, MD, with 53 years of industry experience. Allen is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 4 more. Their firm serves 9,568 clients with $3.2B in assets under management.

On Investment Management CO
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
208 advisors
Number of Clients
9,568 clients
Average Client Portfolio
$329K average
Assets Under Management
$3.2B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.50%

Representative fees for managed account programs range from 0.30% to 1.50% annually. Third-party investment advisory programs have separate unique fee schedules.

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

Location

12501 Prosperity Drive, Suite 320, Silver Spring, MD, 20904

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Allen is the President of A. R. Bruce and Company, Inc., where he sells insurance products including traditional life, long-term care, disability, and fixed annuities, dedicating about half of his time. He also serves as a guest lecturer at Howard University School of Business and is the treasurer of Headley Carter Cares Foundation, a non-profit organization.

Employment History
Current Registrations
On Investment Management CO
January 2014 - Present · 12 yrs 9 mos
The O.N. Equity Sales Company
January 2014 - Present · 12 yrs 9 mos
The O.N. Equity Sales CompanyBroker
January 2014 - Present · 12 yrs 9 mos
Previous Registrations
H. Beck, INC.
February 2005 - January 2014 · 8 yrs 11 mos
H. Beck, INC.Broker
February 2005 - January 2014 · 8 yrs 11 mos
Prosperity Assurance Advisory Services, INC.
December 2002 - December 2004 · 2 yrs
Valmark Advisers, INC.
April 2002 - February 2005 · 2 yrs 10 mos
Valmark Securities, INC.Broker
January 2002 - February 2005 · 3 yrs 1 mo
Mutual Service CorporationBroker
February 1989 - January 2002 · 12 yrs 11 mos
Manequity, INC.Broker
March 1978 - February 1989 · 10 yrs 11 mos
Metropolitan Life Insurance CompanyBroker
July 1973 - March 1978 · 4 yrs 8 mos
State Registrations22 states
AZCACTDCFLGAILINKSKYLAMAMDNCNHNJNYSCTNTXVAWV
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.
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