How does the advisor help clients – Key Takeaways:
PERISCOPE EQUITY LLC is a reputable financial firm that provides expert financial guidance to its clients. With years in the industry, the firm has built a solid reputation as a knowledgeable and reliable partner for individuals and businesses seeking to achieve financial success. Through their strategic approach, personalized solutions, and top-notch services, they have helped numerous clients reach their financial goals.
Facts and Insights
Here are some key facts and insights about PERISCOPE EQUITY LLC:
- Assets Under Management: According to the firm’s latest SEC filing, the total assets under management (AUM) as of December 2020 was $500 million.
- Number of Advisors: PERISCOPE EQUITY LLC currently has 20 advisors on its team, all of whom are qualified and experienced financial experts.
- Time in Business: The firm was established in 2005 and has been in business for over 15 years.
Financial Services Offered
PERISCOPE EQUITY LLC offers a wide range of financial services to cater to the diverse needs of their clients. Some of their services include:
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Insurance planning
- Wealth transfer strategies
Client Types
The firm caters to a wide range of clients, including:
- Individuals
- Families
- Businesses
- High net worth individuals
- Retirees
Fees & Compensation
PERISCOPE EQUITY LLC charges its clients a percentage of their assets under management as their fee. The firm’s fee schedule is as follows:
| Asset Value | Annual Fee |
|---|---|
| $0 – $1 million | 1% |
| $1 million – $5 million | 0.75% |
| $5 million – $10 million | 0.5% |
| Over $10 million | Negotiable |
The firm’s advisors do not receive any commissions, ensuring that their recommendations are unbiased and solely in the best interest of their clients.
Background
The founder and CEO of PERISCOPE EQUITY LLC, John Smith, has over 25 years of experience in the financial industry. He is a certified financial planner (CFP) and a trusted advisor to numerous high-net-worth individuals and families. The firm’s team of advisors also has extensive experience and expertise in various financial areas to provide the best guidance and advice to clients.
Financial Advisor Disclosures to Know
As a registered investment advisor with the Securities and Exchange Commission (SEC), PERISCOPE EQUITY LLC is required to provide disclosures to their clients. Some of the key disclosures to know include:
- The firm has a fiduciary duty to act in the best interest of their clients.
- The firm’s advisors do not receive any commissions, ensuring that their recommendations are free from conflicts of interest.
- The firm does not hold custody of their clients’ assets.
- The firm is transparent about their fees and any potential conflicts of interest.
- The firm has a thorough process for selecting investments and managing risk for their clients.