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Mark Banac

3 Years of Experience
Syracuse, NY
1 DisclosureBrokerSells Insurance

Mark Banac is a registered investment advisor at Bankers Life Advisory Services, INC., based in Syracuse, NY, with 3 years of industry experience. Mark operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
504 advisors
Number of Clients
11,822 clients
Average Client Portfolio
$164K average
Assets Under Management
$1.9B

Fee Structure

Investment management only (planning not offered)

Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.

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Location

231 Salina Meadows Pkwy Ste 100, Syracuse, NY, 13212

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History

Regulatory History (1)
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Regulatory
November 2013
Final
Other Business ActivitiesSells Insurance

Mark is affiliated with Bankers Conseco Life Insurance Company of New York, where he recruits and trains insurance agents. He is also appointed with KFA through BLC, enabling agents to write business for various insurance products, taking nearly full-time hours.

Employment History
Current Registrations
Bankers Life Advisory Services, INC.
March 2024 - Present · 2 yrs 2 mos
Bankers Life Securities, INC.Broker
November 2022 - Present · 3 yrs 6 mos
Previous Registrations
Bankers Life Securities, INC.Broker
November 2020 - December 2020 · 1 mo
State Registrations1 state
NY
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.