David Perrotto
David Perrotto is a registered investment advisor at Silver Oak Securities, INC., based in Webster, NY, with 20 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 2 more. Their firm serves 8,671 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Silver Oak Securities offers investment management through its Compass and AdvisorFX programs. The advisor fee is negotiable, with a maximum of 2% of assets. In addition to the advisor fee, there is a platform fee that includes a flat $45 per year and an asset-based fee between 0.08% and 0.15% for Compass accounts, and 0.20% for AdvisorFX accounts. Fees are billed quarterly or monthly, either in arrears or in advance. The platform fee covers access to account data, performance reporting, and other services.
Location
1630 Empire Blvd., Suite 100, Webster, NY, 14580
Get directionsHistory
Regulatory History (2)
Customer Dispute
June 2024Employment Separation After Allegations
December 2011Other Business ActivitiesSells Insurance
David is an advisor for Perrotto Private Wealth, an investment advisor representative for Bright Futures Wealth Management, and sells fixed insurance with various companies, dedicating a few hours per week. He also works for Legal Shield, Covantage, NAIFA NY, and Infamous Whiskey.
Employment History
Current Registrations
Silver Oak Securities, IncorporatedBroker
Bright Futures Wealth Management, LLC
Previous Registrations
Cetera Investment Advisers LLC
Cetera Advisors LLC
Cetera Advisors LLC
Cetera Advisors LLCBroker
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Gunnallen Financial, INCBroker
State Registrations3 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.