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Shayla Sahmanovic

6 Years of Experience
New York, NY
1 DisclosureBroker

Shayla Sahmanovic is a registered investment advisor at Equitable Advisors, LLC, based in New York, NY, with 6 years of industry experience. Shayla is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 73,011 clients with $42B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4651 advisors
Number of Clients
73,011 clients
Average Client Portfolio
$582K average
Assets Under Management
$42.5B

Fee Structure

Planning is included in investment management (also available separately)

Equitable Advisors offers investment management through LPL Financial programs and third-party asset managers (TAMPs). Fees vary depending on the program and assets invested.

For LPL programs like SAM, fees are based on a percentage of your portfolio. In some cases, you can choose whether to pay transaction charges directly or have the advisor pay them, which affects the overall advisory fee.

When using TAMPs, the fees are determined by the TAMP and a portion is paid to Equitable Advisors. The specific fees, minimums, and arrangements vary by TAMP, so it's important to review their brochures.

Equitable Advisors also offers ERISA fiduciary services to retirement plans, with fees determined by the specific services provided.

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Location

1290 Avenue of the Americas, 4th Fl, New York, NY, 10104

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History

Regulatory History (1)
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Judgment / Lien
December 2025
Other Business Activities

Shayla is an independent agent with an outside fixed business and part owner of Sova Construction, Inc., where she handles administrative and bookkeeping tasks, dedicating about a quarter of her time. Additionally, Shayla is a part owner of a real estate development rental and leasing property, spending a few hours per week maintaining the property and collecting rent.

Employment History
Current Registrations
Equitable Advisors, LLCBroker
October 2023 - Present · 3 yrs
Equitable Advisors, LLC
October 2023 - Present · 3 yrs
Previous Registrations
Prudential Financial Planning Services
January 2023 - October 2023 · 9 mos
Pruco Securities, LLC.Broker
January 2023 - October 2023 · 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2022 - January 2023 · 7 mos
Equitable Advisors, LLC
August 2020 - June 2022 · 1 yr 10 mos
Equitable Advisors, LLCBroker
July 2020 - June 2022 · 1 yr 11 mos
State Registrations5 states
CTFLNJNYPA
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.
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