Thomas Randello
Thomas Randello is a registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 24 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
November 2005Other Business ActivitiesSells Insurance
Thomas is the president of TC Randello & Assoc., a securities and advisory business, dedicating all of his time to it. He also works as an advisor selling fixed insurance, life & health, fixed & indexed annuities and long-term care, spending minimal time on this, and works as a tax preparer and accountant about 10-20% of his time.
Employment History
Current Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Previous Registrations
Linsco/private Ledger CORP.Broker
Prime Capital Services, INC.Broker
State Registrations11 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.