Louis Porta
Louis Porta is a CFA-designated registered investment advisor at Wilmington Trust Investment Advisors, INC., based in Wilmington, DE, with 6 years of industry experience. Louis operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 155 clients with $18B 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 $1.0M | 1.50% |
| $1.0M - $3.0M | 0.50% |
| $3.0M - $10.0M | 0.25% |
| $10.0M - $15.0M | 0.40% |
| $15.0M - $35.0M | 0.20% |
| $35.0M - $55.0M | 0.15% |
| $55M+ | 0.10% |
Fees vary by investment strategy. Different strategies have distinct fee schedules and minimum account sizes ranging from $3,000,000 to $5,000,000.
Fee Estimator
Location
Wilmington Trust Center, 1100 North Market Street, Wilmington, DE, 19890-0001
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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 Activities
Louis is involved with The Legacy Trust 2011, dedicating minimal time annually. He also has an investment-related activity in Hawthorne, New Jersey, but spends no time on it.
Employment History
Current Registrations
Wilmington Trust Investment Advisors, INC.
Previous Registrations
Rockefeller Capital Management
Rockefeller Financial LLCBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Columbia Management Advisors, INC.
State Registrations2 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.
Exams
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