Shearson Financial Services, LLC
Assets Under Management
$0
Number of Clients
Not reported
Number of Advisors
3
Average Client AUM
N/A
AUM per Advisor
$0
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Shearson Financial Services, LLC provides investment advisory services through a Wrap Fee program administered by RBC Correspondent Services. The program offers discretionary asset management for a single fee that includes account management, brokerage, clearing, custody, and administrative services. The firm's IARs collect client information to determine eligibility and select investment strategies.
Fee Structure
Shearson Financial Services charges an annual wrap fee based on assets under management, assessed and billed quarterly in advance. The minimum quarterly fee ranges from $30 to $90 based on account size and investment mix. Fees are negotiable, so clients with similar assets may pay different rates. For accounts over $10 million, fees are negotiable. The fee covers investment advice and transaction costs, but not mutual fund expenses or incidental costs like wire fees. You can terminate the service at any time and receive a pro-rata refund of unearned fees.
Areas of Practice
Location
7000 W. Palmetto Park Road, Suite 501, Boca Raton, FL, 33433