Thomas Befumo
Thomas Befumo is a registered investment advisor at Osaic Wealth, INC., based in Foster City, CA, with 44 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
Foster City, CA
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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
Thomas is an insurance agent offering disability insurance, fixed annuities, traditional life insurance, and long-term care since 2015. This activity takes Thomas full-time, including 100 hours during trading hours.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Osaic Fa, INC.
Osaic Fa, INC.Broker
Pruco Securities, LLC.Broker
Metlife Investors Distribution CompanyBroker
Npb Financial Group, LLCBroker
Capital Analysts, IncorporatedBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
1717 Capital Management CompanyBroker
Sun Investment Services CompanyBroker
Pruco Securities CorporationBroker
Philadelphia Life Asset Planning CompanyBroker
The Lincoln National Life Insurance CompanyBroker
State Registrations5 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.