Wei Luo
Wei Luo is a registered investment advisor at Osaic Wealth, INC., based in Rockville, MD, with 25 years of industry experience. Wei operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
307 Fallsgrove Dr, Unit C, Rockville, MD, 20850
Get directionsHistory
Regulatory History (2)
Customer Dispute
December 2010Customer Dispute
May 2004Other Business ActivitiesSells Insurance
Wei is the owner of Wayland Financial Group LLC, a marketing DBA for the financial services he provides, including financial services through Woodbury, and healthcare and other insurance products. Wei spends a few hours per week on these activities.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
H. Beck, INC.
H. Beck, INC.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations7 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.