Xiaoyong Wang
Xiaoyong Wang is a CFP-designated registered investment advisor at Consolidated Portfolio Review CORP, based in Jericho, NY, with 19 years of industry experience. Xiaoyong is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 6,228 clients with $1.6B 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 $100K | 2.50% |
| $100K - $250K | 2.25% |
| $250K - $500K | 2.00% |
| $500K - $1.0M | 1.75% |
| $1.0M - $2.0M | 1.50% |
| $2.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 0.75% |
Shows the tiered billing schedule maximum annual advisory fees. The firm also offers threshold billing, flat percentages, and flat annual fees. Fees are negotiable.
Fee Estimator
Location
Jericho, NY
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
November 2020Other Business Activities
Xiaoyong works as a consultant for Pick-A-Path Edvice LLC, providing college admission services, dedicating minimal time. He is also the Executive Director of CHESSanity Inc. and spends minimal time supporting its mission to promote chess. Xiaoyong spends about half his time as the Managing Director for Virtus Wealth, Inc., providing financial advice to clients.
Employment History
Current Registrations
Vanderbilt Securities, LLCBroker
Consolidated Portfolio Review CORP
Previous Registrations
Spire Wealth Management, LLC
Spire Securities, LLCBroker
Morgan Stanley
Morgan Stanley Smith Barney LLC
Morgan StanleyBroker
Citigroup Global Markets INC.Broker
State Registrations4 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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