Paul Schifter
Paul Schifter is a CFP-designated registered investment advisor at Cambridge Investment Research Advisors, INC., based in Melville, NY, with 44 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.
Location
445 Broadhollow Rd., Ste. 108, Melville, NY, 11747
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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
Paul is a broker at Newbrook Insurance Agency since 1988, dealing with P&C, auto, home, and commercial lines. He is also a managing member of GS Investment Planning LLC, an advisory rep of a RIA at CIRA, and an independent insurance agent for various companies, spending about a quarter of his time on these investment-related activities.
Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Previous Registrations
Investacorp, INC.Broker
Investacorp, INC.Broker
Washington Square Securities, INC.Broker
Reliastar Financial Marketing CORP.Broker
Investacorp, INC.Broker
Vanderbilt Securities, INC.Broker
Integrated Resources Equity CorporationBroker
Nml Equity Services, INC.Broker
State Registrations6 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.