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Brandon Powers

Principal Securities, INC.
16 Years of Experience
Melville, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Brandon Powers is a registered investment advisor at Principal Securities, INC., based in Melville, NY, with 16 years of industry experience. Brandon is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 51,941 clients with $17B in assets under management.

Principal Securities, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1709 advisors
Number of Clients
51,941 clients
Average Client Portfolio
$328K average
Assets Under Management
$17.0B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $150K1.75%
$150K - $250K1.75%
$250K - $500K1.75%
$500K - $1000K1.20%
$1M+1.10%

Fees are negotiable and collected quarterly in arrears. Schedule reflects the SEI Managed Account Solutions program maximum fees. Other programs utilize promoter fees ranging from 0.07% to 1.50% or asset-based fees up to 1.95%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

48 S Service Rd, Ste 402, Melville, NY, 11747

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2016
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Brandon is the treasurer for his wife's clinical psychology business, Jessica Powers, Inc. He also owns Brandon Powers Services Inc., an S-Corp for tax and income purposes, and sells fixed insurance, life, annuities, disability insurance, long-term care, and health insurance products.

Employment History
Current Registrations
Principal Securities, INC.
June 2021 - Present · 5 yrs 4 mos
Principal Securities, INC.
October 2011 - Present · 15 yrs
Principal Securities, INC.Broker
October 2011 - Present · 15 yrs
Previous Registrations
Ameriprise Financial Services, INC.Broker
June 2010 - September 2011 · 1 yr 3 mos
Princor Financial Services CorporationBroker
February 2010 - June 2010 · 4 mos
State Registrations22 states
AZCACOCTFLGAILLAMAMDNCNDNENJNVNYOHPARISCTXVT
AdvisorBrokerBoth

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
No exam information available for this advisor.
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