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Derar Damra

3 Years of Experience
Houston, TX
3 DisclosuresBroker

Derar Damra is a registered investment advisor at UBS Financial Services INC., based in Houston, TX, with 3 years of industry experience. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Retirement Planning, and 1 more. Their firm serves 1,134,581 clients with $810B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9502 advisors
IM Fee
Planning only
Assets Under Management
$808.8B

Fee Structure

UBS Financial Services Inc. offers financial planning services for a fee, with costs ranging from $500 to $50,000, though most clients pay between $1,000 and $10,000. Fees exceeding $50,000 but not more than $100,000 may be permitted for complex situations involving relationships with a net worth of $100 million or more. The fees are negotiable and may vary based on the range of services selected, the scope of the engagement, the complexity of the services, the nature and amount of client assets involved, and the financial advisor's business model.

One-Time Plan:$500 - $50,000
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Location

4400 Post Oak Parkway, Suite 1800, Houston, TX, 77027

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Financial
October 2020
Final
Financial
February 2020
Final
Financial
April 2019
Final
Employment History
Current Registrations
UBS Financial Services INC.
January 2023 - Present · 3 yrs 4 mos
UBS Financial Services INC.Broker
January 2023 - Present · 3 yrs 4 mos
Previous Registrations
E*trade Capital Management, LLC
December 2022 - January 2023 · 1 mo
E*trade Securities LLCBroker
October 2022 - January 2023 · 3 mos
Wells Fargo Clearing Services, LLC
March 2022 - June 2022 · 3 mos
Wells Fargo Clearing Services, LLCBroker
February 2022 - June 2022 · 4 mos
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Derar Damra - Financial Advisor | TrueAdvisor