Stephen Engel
Stephen Engel is a registered investment advisor at Palumbo Wealth Management LLC, based in Great Neck, NY, with 12 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 263 clients with $540M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Palumbo Wealth Management's advisory fees range from 0.15% to 1.75% annually, based on factors like services offered, complexity, assets managed, and the overall client relationship. Fees are paid quarterly in advance, based on the market value of assets at the end of the prior quarter. Clients selecting standalone investment management may receive discounted fees. Fees may be negotiable.
Location
1010 Northern Boulevard, Suite 310, Great Neck, NY, 11021
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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
Stephen is a board member at Mid Island Y Jewish Community Center. He is also dually registered with Palumbo Wealth Management LLC and Private Client Services, LLC, spending nearly all of his time as an Investment Advisor Representative and Registered Representative. Stephen is also a licensed insurance agent, dedicating a few hours per week to insurance sales.
Employment History
Current Registrations
Palumbo Wealth Management LLC
Previous Registrations
Private Client Services, LLCBroker
Advice and Planning Services
Tiaa-Cref Individual & Institutional Services, LLCBroker
Hornor, Townsend & Kent, INC.Broker
AXA Advisors, LLCBroker
State Registrations2 states
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