Faisal Magsi

CFP

Prostatis Financial Advisors Group

5 Years of Experience

View SEC Summary

Firm Information

Prostatis Financial Advisors Group

Compensation

Fee-Only (AUM)Fixed/Hourly

Number of Advisors

16 advisors

Number of Clients

1,639 clients

Average Client Portfolio

$311K average

Assets Under Management

$508.9M

Fee Structure

Minimum Investment:None

Financial Planning:Charged separately

AUM-Based Fees (Tiered)

Assets Under Management	Annual Fee
Up to $250K	2.00%
$250K - $500K	1.50%
$500K - $1.5M	1.00%
$1.5M - $2.5M	0.90%
$2.5M - $3.5M	0.80%
$3.5M+	0.75%

Fees are negotiable on a client-by-client basis.

Fee Estimator

Your Portfolio Value

$500K

$0$500K$1M$5M$20M

Estimated Annual Fee

—

Financial Plan Fee:$550 - $3,500

Hourly Rate:Up to $325/hr

Prostatis charges an annual fee based on a percentage of assets under management, billed monthly in arrears. They also utilize independent sub-advisors who charge an additional fee not to exceed 0.20%. Financial planning services are available for a separate fixed fee ranging from $550 to $3,500, or an hourly rate of $325. Fees are negotiable.

View Full Brochure on SEC

Areas of Practice

Investment ManagementRetirement PlanningEstate PlanningTax PlanningFinancial Planning & CoachingHigh Net Worth

Advisor Information

Office location

7580 Buckingham Blvd., Ste. 180, Hanover, MD, 21076

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Regulatory History

Clean regulatory record

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.