Philip Palumbo
Philip Palumbo is a CFP-designated registered investment advisor at Palumbo Wealth Management LLC, based in Great Neck, NY, with 26 years of industry experience. Philip is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Corporate Executives, Education Planning, and 7 more. Their firm serves 289 clients with $540M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.75% |
Advisory fees range from 0.15% to 1.75% annually based on factors such as services offered, complexity, and total assets managed. Fees may be negotiable.
Fee Estimator
Location
1010 Northern Boulevard, Suite 310, Great Neck, NY, 11021
Get directionsHistory
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
Philip is a registered representative of Private Client Services, spending minimal time on this. He is also an insurance agent since 2020, dedicating a few hours per week to insurance sales.
Employment History
Current Registrations
Palumbo Wealth Management LLC
Private Client Services, LLCBroker
Previous Registrations
UBS Financial Services INC.Broker
UBS Financial Services INC.
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith BarneyBroker
Citigroup Global Markets INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations10 states
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
More Advisors
- Douglas Augenthaler, CFA, CFPPalumbo Wealth Management LLC
- Ronald Bernstein, CFPCapital Analysts
- Paul Kim, CFACommonwealth Financial Network
- Matthew Hershenhorn, CFAOppenheimer & CO. INC.
- Chaim Deutsch, CFPKutz and Company INC.
- Christopher Liu, CFATransamerica Financial Advisors, LLC