Lifemark Securities CORP.
Assets Under Management
$461.5M
Number of Clients
1,434
Number of Advisors
84
Average Client AUM
$322K
AUM per Advisor
$5.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
LifeMark Securities Corp. provides investment advisory services through various programs (UMA, SMA, FSP, APM, TAMP), financial planning and consulting, and retirement plan advisory services. IARs meet with clients to determine suitability based on investment objectives, risk tolerance, and financial information.
Fee Structure
Fees for investment advisory services are negotiable and depend on account value, investment program, service level, and financial complexity. The IAR is authorized to charge a fee within an allowable range, starting from 0.35% to 0.5% depending on the asset level, and a maximum that cannot exceed 2.0%. Additional fees may include custodian, platform, manager, and transaction fees. Financial planning fees range from $250-$5,000 (flat fee) or $100-$500 per hour. Retirement plan advisory fees depend on plan account value, plan type, and number of participants.
Areas of Practice
Location
400 West Metro Park, Rochester, NY, 14623