Horace Riley
Horace Riley is a registered investment advisor at Network 1 Financial Advisors INC., based in Freeport, NY, with 19 years of industry experience. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 56 clients with $41M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Network 1 Financial Advisors charges an annual investment management fee based on the investment strategy used and the representative who brought you to the firm. The fee is calculated as a percentage of your assets.
- Allocation among mutual funds only: 0.75% of assets under management.
- All other allocation strategies: Up to 1.50% of assets under management. This includes strategies using SEI Investments Company's Managed Account Program and Integrated Managed Account Program, and AssetMark, Inc.'s investment platform.
An additional amount is added for the investment advisor representative, resulting in a total charge between 1.25% and 2.50%. This fee is pro-rated and paid quarterly, based on the market value of your assets at the end of the quarter. The firm may charge a lower fee at its discretion.
Location
Freeport, NY
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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 ActivitiesSells Insurance
Horace maintains a Subchapter S corporation, H. Riley & Associates Inc., for receiving compensation for tax purposes, dedicating minimal time. He also works seasonally at Delta Airlines providing customer service to the Baggage Department, dedicating about half his time during non-trading hours.
Employment History
Current Registrations
Network 1 Financial Advisors INC.
Network 1 Financial Securities INC.Broker
Previous Registrations
Fortis Capital Advisors, LLC
Laidlaw & Company (UK) LTD.Broker
Rockwell Global Capital LLCBroker
Empire Financial Group, INC.Broker
The Concord Equity Group, LLCBroker
State Registrations11 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.