CP
ChFC
CP
ChFC

Carmine Passante

26 Years of Experience
Melville, NY
BrokerSells Insurance

Carmine Passante is a ChFC-designated registered investment advisor at Ausdal Financial Partners, INC., based in Melville, NY, with 26 years of industry experience. Carmine is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 16,572 clients with $3.7B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
238 advisors
Number of Clients
16,572 clients
Average Client Portfolio
$225K average
Assets Under Management
$3.7B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Maximum annual fee across investment advisory programs will not exceed 3%. Specific fee schedules are negotiated directly with your investment advisor representative.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

68 S Service Road, Suite 100, Melville, NY, 11747

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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.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Carmine works as an insurance agent, providing insurance products to clients as needed since 2004. He dedicates a few hours per week to this activity.

Employment History
Current Registrations
Ausdal Financial Partners, INC.
December 2024 - Present · 1 yr 10 mos
Ausdal Financial Partners, INC.Broker
December 2024 - Present · 1 yr 10 mos
Previous Registrations
Osaic Wealth, INC.
October 2024 - January 2025 · 3 mos
Osaic Wealth, INC.Broker
October 2024 - January 2025 · 3 mos
American Portfolios Advisors, INC
August 2016 - October 2024 · 8 yrs 2 mos
American Portfolios Financial Services, INC.Broker
August 2016 - October 2024 · 8 yrs 2 mos
Legend Advisory Corporation
October 2014 - August 2016 · 1 yr 10 mos
Legend Equities CorporationBroker
October 2014 - August 2016 · 1 yr 10 mos
National Asset Management, INC.
May 2014 - October 2014 · 5 mos
National Securities CorporationBroker
November 2013 - October 2014 · 11 mos
Asset & Financial Planning, LTD
March 2011 - May 2014 · 3 yrs 2 mos
Asset & Financial Planning, LTD
October 2010 - November 2010 · 1 mo
Prime Capital Services, INC.Broker
October 2010 - November 2013 · 3 yrs 1 mo
Chase Investment Services CORP.
July 2009 - October 2010 · 1 yr 3 mos
Chase Investment Services CORP.Broker
March 2008 - October 2010 · 2 yrs 7 mos
Gunnallen Financial, INCBroker
April 2004 - March 2008 · 3 yrs 11 mos
Harrison Securities, INC.Broker
January 2003 - April 2004 · 1 yr 3 mos
Ehrenkrantz King Nussbaum, INC.Broker
January 2003 - January 2003 · 0 mos
Quest Capital Strategies, INC.Broker
August 2002 - January 2003 · 5 mos
Ladenburg Capital Management INC.Broker
May 2001 - August 2002 · 1 yr 3 mos
Gbi Capital Partners INC.Broker
April 2001 - May 2001 · 1 mo
Delta Asset Management Company, LLCBroker
August 2000 - March 2001 · 7 mos
Argus Securities, INC.Broker
April 2000 - September 2000 · 5 mos
State Registrations5 states
FLMDNYPAVA
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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