Rico Camerone
Rico Camerone is a registered investment advisor at New Era Investments LLC, based in Southfield, MI, with 7 years of industry experience. Rico 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 761 clients with $29M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.25% |
If NEILLC selects another advisor to manage your investments, the total annual fee will range from 1.65% to 1.85%, which includes NEILLC's fee of 1.25% and the third-party advisor's fee. Clients who use financial planning services will pay $50 monthly via Advice Pay, and will pay a reduced 0.75% annual fee on the value of their portfolio as long as the financial planning agreement is effective. In the event the financial planning agreement is cancelled the normal 1.25% AUM fee will apply
Fee Estimator
Location
28411 Northwestern Hwy, Suite 970, Southfield, MI, 48034
Get directionsHistory
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
Rico is involved in several outside business activities, including selling and servicing fixed annuities, life insurance, and disability insurance through New Era Investments LLC, and auto and homeowners insurance through Integrity Insurance Agency. He also runs marketing campaigns and fixes websites for small businesses through TheWebTide, and sells fixed/traditional insurance through PKS Financial and Fixed Insurance, dedicating about 10-20% of his time to each of these insurance-related roles.
Employment History
Current Registrations
New Era Investments LLC
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
Capital Analysts
Lincoln Investment
Lincoln InvestmentBroker
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.