Daniel Abraham is a CFP-designated registered investment advisor at Second Line Capital, LLC, based in Metairie, LA, with 20 years of industry experience. Daniel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 1,385 clients with $720M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Second Line Capital (2LC) offers investment management services for an annual fee based on the amount of assets under management. The management fee can be up to 2.00% annually. The fee is determined by the investment advisor representative and is allocated between 2LC and the representative. The fee is charged quarterly, in advance, based on the market value of the assets being managed on the last day of the previous quarter. 2LC also uses LPL programs, which have maximum fees ranging from 0.95% to 3.0%.
Location
2800 Veterans Memorial Blvd., Suite 220, Metairie, LA, 70002
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Daniel operates under the DBAs Faubourg Private Wealth Advisors and Faubourg Private Wealth, spending full-time hours on these activities. He also provides investment advisory services through Second Line Capital, LLC, dedicating full-time hours to this as well.
Employment History
Current Registrations
Second Line Capital, LLC
Previous Registrations
Advisor Resource Council
LPL Financial LLCBroker
VALIC Financial Advisors, INC.
VALIC Financial Advisors, INC.Broker
Chase Investment Services CORP.Broker
Banc One Securities CorporationBroker
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.