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Erik Fromm

Janney Montgomery Scott LLC
16 Years of Experience
Washington, DC
1 DisclosureBroker
View SEC Summary
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Erik Fromm is a CFP-designated registered investment advisor at Janney Montgomery Scott LLC, based in Washington, DC, with 16 years of industry experience. Erik is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 243,808 clients with $110B in assets under management.

Janney Montgomery Scott LLC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1340 advisors
Number of Clients
243,808 clients
Average Client Portfolio
$452K average
Assets Under Management
$110.1B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.00%
$500K - $1.0M2.00%
$1.0M - $2.0M2.00%
$2.0M - $5.0M2.00%
$5.0M - $10.0M2.00%
$10.0M - $25.0M2.00%
$25M+2.00%

Fees represent maximum financial advisor fees; additional third-party manager sub-advisory fees may apply depending on the program. All fees are negotiable.

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

Location

1255 23rd Street NW, Suite 810, Washington, DC, 20037-1102

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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
August 2016
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Erik is a board member for Litchfield Plantation Association and Waccamaw Community Foundation, managing neighborhood affairs and overseeing charitable initiatives, respectively. He also co-hosts The Salty Golfer Podcast, assisting with social media content.

Employment History
Current Registrations
Janney Montgomery Scott LLC
September 2013 - Present · 13 yrs 1 mo
Janney Montgomery Scott LLCBroker
September 2013 - Present · 13 yrs 1 mo
Previous Registrations
Morgan StanleyBroker
July 2010 - September 2013 · 3 yrs 2 mos
Morgan Stanley
January 2010 - September 2013 · 3 yrs 8 mos
State Registrations40 states
AKALAZCACOCTDCDEFLGAHIILINKYLAMAMDMEMIMNMOMTNCNENHNJNMNYOHOKORPARISCTNTXVAWAWIWV
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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