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Adam Rutstein

Bankers Life Advisory Services, INC.
10 Years of Experience
Jacksonville, FL
8 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Adam Rutstein is a registered investment advisor at Bankers Life Advisory Services, INC., based in Jacksonville, FL, with 10 years of industry experience. Adam is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 14,314 clients with $2.5B in assets under management.

Bankers Life Advisory Services, INC.
Compensation
Fee-Only (% of Portfolio)
Firm Size
533 advisors
Number of Clients
14,314 clients
Average Client Portfolio
$174K average
Assets Under Management
$2.5B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Fees range from 0.50% to 2.50% annually and are negotiable based on portfolio size and other business considerations.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

6620 Southpoint Drive South, Ste 400, Jacksonville, FL, 32216

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History

Regulatory History (8)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2025
Denied
Customer Dispute
September 2020
Settled
Customer Dispute
February 2020
Denied
Customer Dispute
July 2019
Settled
Regulatory
December 2016
Final
Regulatory
October 2015
Final
Employment Separation After Allegations
November 2009
Regulatory
January 2009
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Adam is an agent for Bankers Life and Casualty Company, selling insurance products including life, health, and annuities, dedicating about a quarter of his time. He also has several other business ventures including real estate rental, a sports bar, a car wash, and vending machines, all requiring minimal time commitment.

Employment History
Current Registrations
Bankers Life Advisory Services, INC.
September 2019 - Present · 7 yrs 1 mo
Bankers Life Securities, INC.Broker
August 2017 - Present · 9 yrs 2 mos
Previous Registrations
Uvest Financial Services Group, INC.Broker
July 2008 - December 2009 · 1 yr 5 mos
State Registrations14 states
ALAZCACOFLGAKYLAMINCPASCTXVA
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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