Paul Mccormack
Paul Mccormack is a CFP-designated registered investment advisor at Ancora Private Wealth Advisors, LLC, based in Cleveland, OH, with 24 years of industry experience. Paul operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 4,083 clients with $3.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.80% |
| $10.0M - $25.0M | 0.70% |
| $25.0M - $50.0M | 0.60% |
| $50.0M - $100.0M | 0.50% |
| $100M+ | 0.50% |
Fees are progressive. Fees over $100 million are negotiable.
Fee Estimator
Location
6060 Parkland Boulevard, Suite 200, Cleveland, OH, 44124
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
December 2009Other Business Activities
Paul works as a Portfolio Manager at Ancora Advisors. This investment-related activity takes about half of his time, especially during trading hours.
Employment History
Current Registrations
Ancora Private Wealth Advisors, LLC
Inverness Securities, LLCBroker
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
State Registrations4 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.