MR

Morten Roness

32 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
29 advisors
Number of Clients
2,358 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$3.4B

Fee Structure

Financial Plan Fee:$500 - $5,000

SteelPeak charges fixed fees for financial planning and consulting, ranging from $500 to $5,000, depending on the scope and complexity. Investment management fees range from 0.75% to 1.75% annually, based on assets under management. Fees are prorated and charged quarterly in advance. The firm may offset financial planning fees if the client engages them for investment advisory services. The Firm does take a management fee for its services to Long- Short (discounted to 0.50% per annum for SteelPeak clients from 1.50% per annum for non-SteelPeak clients) and Goal -Line (charged based on each limited partner’s capital commitments and discounted to 1.00% per annum for SteelPeak clients from 1.50% per annum for non-SteelPeak clients).

Areas of Practice
Investment ManagementFinancial Planning & CoachingRetirement PlanningTax PlanningEstate Planning
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Advisor Information

Office location

Calabasas, CA

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Regulatory History (1)
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Customer Dispute
November 2002
Denied
Employment History
Current Registrations
Steelpeak Wealth, LLC
August 2016 - Present · 9 yrs 5 mos
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
October 2012 - February 2016 · 3 yrs 4 mos
The Phillips Group Advisors
September 2012 - August 2016 · 3 yrs 11 mos
MML Investors Services, LLC Broker
September 2010 - August 2012 · 1 yr 11 mos
Allstate Financial Services, LLCBroker
May 2003 - August 2010 · 7 yrs 3 mos
Wachovia Securities, INC.
July 1999 - May 2003 · 3 yrs 10 mos
Wachovia Securities, INC. Broker
November 1997 - May 2003 · 5 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
January 1993 - December 1997 · 4 yrs 11 mos
State Registrations1 state
CA
Advisor
Exams
No exam information available for this advisor.
Morten Roness - Financial Advisor | AdvisorDiscover