Abdelmagid Alawad is a registered investment advisor at Santander Securities, based in Quincy, MA, with 13 years of industry experience. Abdelmagid operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 10,401 clients with $2.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Santander Securities LLC offers wrap fee advisory programs where you pay a single fee that covers investment management and other services. The annual fee is a percentage of your portfolio's value, calculated at the end of each quarter. The percentage varies depending on the program you choose and the amount you invest. The fee includes the cost of the firm's services and fees associated with the platform they use. Investment manager fees range from 0.15% to 1.00% and are in addition to the program fee. Fees may be negotiable.
Location
Quincy, MA
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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
Abdelmagid drives for Uber, dedicating about 10-20% of his time to this non-investment related activity. He also receives trails from fixed insurance products from American United Life, stemming from a previous role as an insurance agent, but spends no time on this currently.
Employment History
Current Registrations
Santander Securities
Santander Securities LLC
Santander Securities LLCBroker
Previous Registrations
Oneamerica Securities, INC.
Oneamerica Securities, INC.Broker
Metlife Securities INC.Broker
State Registrations49 states
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