Reid Soberman
Reid Soberman is a registered investment advisor at Alta Wealth Advisors LLC, based in Woburn, MA, with 10 years of industry experience. Reid operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Financial Planning & Coaching, High Net Worth, Insurance Planning, and 3 more. Their firm serves 779 clients with $660M 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 $100K | 2.00% |
| $100K - $500K | 1.50% |
| $500K - $2.5M | 1.25% |
| $2.5M - $10.0M | 1.00% |
| $10M+ | 0.75% |
Fees are generally negotiable.
Fee Estimator
Location
400 Tradecenter, Suite 4810, Woburn, MA, 01801
Get directionsHistory
Regulatory History (1)
Customer Dispute
September 2022Other Business ActivitiesSells Insurance
Reid is a part owner of Team Fight Academy, a fitness gym, dedicating a few hours per week. He is also an agent for P&C insurance with Nobile Insurance, starting in October 2023, also dedicating a few hours per week.
Employment History
Current Registrations
LPL Financial LLCBroker
Alta Wealth Advisors LLC
Previous Registrations
Osaic Institutions, INC.
Osaic Institutions, INC.Broker
Capital Analysts
Lincoln InvestmentBroker
Mcadam LLC
Purshe Kaplan Sterling InvestmentsBroker
State Registrations7 states
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.