Alexander Newman
Alexander Newman is a registered investment advisor at Grape Modern Wealth Management, based in Temecula, CA, with 13 years of industry experience. Alexander operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 114 clients with $28M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 2.00% |
| $1M+ | 1.00% |
For accounts which only hold cash the annual fee is 0.50%. Fees are generally negotiable. There is a minimum $2,000 per year fee requirement.
Fee Estimator
Location
31285 Temecula Parkway, Suite C8-235, Temecula, CA, 92592
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
April 2022Other Business ActivitiesSells Insurance
Alexander created a social group for retirees, which is not investment related but may lead to advisory clients. He also provides insurance, including annuities and life insurance, dedicating minimal time to this activity.
Employment History
Current Registrations
Grape Modern Wealth Management
Previous Registrations
Wells Fargo Clearing Services, LLC
Wells Fargo Clearing Services, LLCBroker
J.P. Morgan Securities LLC
J.P. Morgan Securities LLCBroker
Chase Investment Services CORP.Broker
State Registrations1 state
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.