Joel Kaufman
Joel Kaufman is a registered investment advisor at Citizens Securities, INC., based in Woodcliff Lake, NJ, with 49 years of industry experience. Joel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 53,044 clients with $9.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Citizens Securities offers investment management through its Managed Account Program. The fees vary depending on the specific program selected.
The maximum annual rate for Citizens Securities' component of the fee is 2.00%. The total fee covers asset allocation recommendations, manager research, brokerage, custody, performance reports, and administrative services. Third-party manager fees typically range from 0.02% to 0.50%.
Fees are negotiable under some circumstances, such as the type and size of the client account and the range of services provided.
For Connect accounts, there is a minimum investment of $2,000.
Location
50 Tice Blvd, Suite 317, Woodcliff Lake, NJ, 07677
Get directionsHistory
Regulatory History (1)
Customer Dispute
November 2010Other Business Activities
Joel is the owner of the Credit Shelter Trust, investing about minimal time per month. This activity is investment-related.
Employment History
Current Registrations
Citizens Securities, INC.
Citizens Securities, INC.
Citizens Private Wealth
Citizens Securities, INC.Broker
Previous Registrations
J.P. Morgan Securities LLC
J.P. Morgan Securities LLCBroker
J.P. Morgan Private Wealth Advisors LLC
First Republic Securities Company, LLCBroker
UBS Financial Services INC.Broker
UBS Financial Services INC.
Morgan Stanley & CO., IncorporatedBroker
Morgan Stanley & CO., Incorporated
Morgan Stanley
Morgan Stanley Dw INC.Broker
Painewebber IncorporatedBroker
Lehman Brothers INC.Broker
Lehman Brothers Kuhn Loeb IncorporatedBroker
Drysdale Securities CorporationBroker
Umic, INC.Broker
State Registrations51 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.