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Anthony Megaro

36 Years of Experience
7 DisclosuresBrokerSells Insurance

Anthony Megaro is a registered investment advisor at Npa Asset Management, LLC, based in Fair Lawn, NJ, with 36 years of industry experience. Anthony operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 2,855 clients with $1B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
52 advisors
Number of Clients
2,855 clients
Average Client Portfolio
$354K average
Assets Under Management
$1.0B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)

NPA Asset Management offers several investment management programs:

  • Advisor Managed Account Program: Advisors assist clients in developing custom portfolios with various securities. Maximum annual fee is 3% of the account value, negotiable.
  • MA Direct Account Program: Advisors help clients select third-party money managers. Maximum annual fee is 3% of the account value, negotiable.
  • MA Custom AdvisorFlex Program: Clients choose from model portfolios managed by Lockwood Advisors. Maximum annual fee is 3% of the account value, negotiable.

Fees are payable in advance and are based on the account balance. Clients may also incur transaction charges and other fees. All fees are negotiable.

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Location

32-16 Broadway 2nd Floor, Fair Lawn, NJ, 07410

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History

Regulatory History (7)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
October 2025
Final
Employment Separation After Allegations
December 2022
Customer Dispute
December 2021
Settled
Regulatory
October 2020
Final
Regulatory
June 2019
Final
Customer Dispute
November 2015
Settled
Regulatory
March 2002
Final
Other Business ActivitiesSells Insurance

Anthony designed a renewable energy device that runs on water through W8 of the Water, LLC, dedicating minimal time. He also implements group medical and ancillary products, taking about a quarter of his time, and serves as executor and trustee for a will, dedicating minimal time.

Employment History
Current Registrations
Npa Asset Management, LLC
January 2023 - Present · 3 yrs 3 mos
Nationwide Planning Associates INC.Broker
December 2022 - Present · 3 yrs 4 mos
Previous Registrations
Park Avenue Securities LLC
October 2003 - December 2022 · 19 yrs 2 mos
Park Avenue Securities LLCBroker
May 1999 - December 2022 · 23 yrs 7 mos
Guardian Investor Services CorporationBroker
March 1990 - May 1999 · 9 yrs 2 mos
Chubb Securities CorporationBroker
September 1989 - January 1990 · 4 mos
State Registrations6 states
CTDCNCNJNYPA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.