Areas of Practice
Investment Management
Compensation
Fee-Only (AUM)
Firm Size
63 advisors
Number of Clients
3,823 clients
Average Client Portfolio
$1.9M average
Assets Under Management
$7.1B

Fee Structure

Minimum Investment:$25K
Financial Planning:Investment management only
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $100K1.50%
$100K - $500K1.15%
$500K - $1.0M1.00%
$1M+0.90%

This schedule applies to the Mutual Fund Series, Mutual Fund Series – Retirement Accounts, Mutual Fund Series – Index Portfolio and Mutual Fund Series portion of the Combined Series. The standard Advisory Fee for the Personal Bond Strategy is a fixed, non-tiered rate of 0.70%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

144 Glenn Curtiss Boulevard, Uniondale, NY, 11556

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History

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.

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Other Business Activities

Eric is an employee of Pershing Advisor Solutions, an affiliated company, providing customer service.

Employment History
Current Registrations
Bny Mellon Securities Corporation
November 2003 - Present · 22 yrs 3 mos
Bny Mellon Securities Corporation
February 1988 - Present · 38 yrs
Bny Mellon Securities CorporationBroker
February 1988 - Present · 38 yrs
Previous Registrations
Mbsc, LLCBroker
January 2006 - July 2007 · 1 yr 6 mos
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Eric M Schay - Financial Advisor | TrueAdvisor