Sumeet Malhotra is a registered investment advisor at Santander Securities, based in Andover, MA, with 9 years of industry experience. Sumeet 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
71 Main Street, Andover, MA, 01810
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Santander Securities
Santander Securities LLCBroker
Previous Registrations
Citizens Investment Services
Citizens Securities, INC.Broker
Santander Securities LLCBroker
Santander Securities LLCBroker
State Registrations1 state
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