1st Discount Brokerage, INC.
Assets Under Management
$108.1M
Number of Clients
219
Number of Advisors
8
Average Client AUM
$494K
AUM per Advisor
$13.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
1st Discount Brokerage, Inc. provides investment supervisory services, individual portfolio management, a wrap fee program called "Freedom Account", pension consulting, manager selection programs, financial planning, advisory referral services and consulting services. They use various methods of analysis including fundamental, technical, cyclical, quantitative, and qualitative analysis.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 2.00% |
| $1.0M - $2.5M | 1.75% |
| $2.5M - $5.0M | 1.50% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 1.00% |
Fees negotiable for accounts over $10,000,000.
Fee Estimator
Investment supervisory services and individual portfolio management fees are based on a percentage of assets under management. The firm also assesses per-trade charges for equities, mutual funds, bonds, UITs, and options transactions. There is a $150 annual administration fee. Financial planning fees range from $250 to $500 per hour with a $2,500 minimum retainer. Tax preparation services have a minimum charge of $500 plus a $250 hourly rate. Fees are negotiable and may differ for each advisory client.
Areas of Practice
Location
8927 Hypoluxo Road, Suite A5, Lake Worth, FL, 33467