Bruce Frankel is a CFP-designated registered investment advisor at Parallel Advisors, LLC, based in Durham, NC, with 23 years of industry experience. Bruce operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 4,240 clients with $10B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.85% |
| $4.0M - $6.0M | 0.70% |
| $6.0M - $10.0M | 0.60% |
| $10.0M - $25.0M | 0.50% |
| $25M+ | 0.30% |
Fees are negotiable at the firm's discretion. There is a general minimum annual fee of $7,500. At no time shall the effective advisory fee exceed 2.00% of assets under management.
Fee Estimator
Location
2530 Meridian Parkway, Suite 4307, Durham, NC, 27713
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
Bruce is a licensed insurance agent since 2003, dedicating minimal time to this activity. Bruce is also a member of AB Bedding, LLC, providing strategic support for about a few hours per week.
Employment History
Current Registrations
Parallel Advisors, LLC
Previous Registrations
Mgo Private Wealth, LLC
Eckhoff Wealth Management, LLC
Yerba Buena Wealth Advisors, LLC
Yerba Buena Wealth Advisors LLC
LPL Financial LLCBroker
LPL Financial LLC
Esi Financial Advisors
Equity Services, INC.Broker
Pro-Integrity Securities, INC.
Pro-Integrity Securities, INC.Broker
State Registrations1 state
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
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