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CFP

Paul Lane

Armstrong Advisory Group INC.
13 Years of Experience
Cranston, RI
Sells Insurance
View SEC Summary
View SEC Summary

Paul Lane is a CFP-designated registered investment advisor at Armstrong Advisory Group INC., based in Cranston, RI, with 13 years of industry experience. Paul operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 2 more. Their firm serves 1,494 clients with $1.7B in assets under management.

Armstrong Advisory Group INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14 advisors
Number of Clients
1,494 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$1.7B

Fee Structure

Minimum Investment:$400K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.25%
$1.0M - $3.5M1.00%
$3.5M - $5.0M0.75%
$5M+0.50%

Default annual rates shown. Negotiable rates may apply. Fees are billed monthly in arrears based on average daily market value.

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

Location

200 Midway Rd, Cranston, RI, 02920

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Paul is a licensed insurance agent/producer, dedicating minimal time to selling insurance products. He also co-hosts a radio program and a podcast, spending a few hours per week on these activities where he shares his views on the market and provides financial education.

Employment History
Current Registrations
Armstrong Advisory Group INC.
May 2022 - Present · 4 yrs 5 mos
Previous Registrations
Securities America Advisors, INC.
June 2019 - June 2022 · 3 yrs
Securities America, INC.Broker
May 2019 - June 2022 · 3 yrs 1 mo
Morgan StanleyBroker
February 2016 - May 2019 · 3 yrs 3 mos
Morgan Stanley
February 2016 - May 2019 · 3 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
July 2013 - February 2016 · 2 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 2012 - February 2016 · 3 yrs 5 mos
State Registrations2 states
MARI
Advisor

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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