Richard Punturo
Richard Punturo is a CFP-designated registered investment advisor at Cambridge Investment Research Advisors, INC., based in Melville, NY, with 25 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.
Location
445 Broad Hollow Rd., Ste. 108, Melville, NY, 11747
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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
Richard is an independent insurance agent and a partner in a full-service accounting and tax firm, Bernstein & Punturo, LLP, taking nearly full-time. He also serves as a director for a CPA organization and co-chairs a committee for the Long Island Alzheimer Foundation, dedicating minimal time to each, and is an advisory representative of a RIA, CIRA, taking about half his time.
Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Previous Registrations
Royal Alliance Associates, INC.Broker
Signator Investors, INC.Broker
State Registrations6 states
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