Peter Montalbano
Peter Montalbano is a registered investment advisor at Modern Capital Management, CO., based in Sag Harbor, NY, with 29 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 17 clients with $100M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MCMC generally charges a yearly advisory fee between 0.25% - 2.00% of assets under management. This fee is negotiated for each client relationship based upon the complexity of the client’s situation. The fees are generally paid monthly or quarterly in advance and can be deducted from the client’s account or invoiced directly to the client.
Location
Sag Harbor, NY
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Peter is the Chairman of the Board of Managers and an owner of Bonaventure Managers, LLC, the general partner of Bonaventure Investments, LP, dedicating about half his time to management and investment ideas. He is also the sole owner of Townline Beach Inc, providing consulting services to White Mountain Capital, LLC and Bonaventure Managers.
Employment History
Current Registrations
Modern Capital Management, CO.
White Mountain Capital, LLC
White Mountain Capital, LLCBroker
Previous Registrations
Modern Capital Advisors, LLC
Modern Capital Management, CO.
Modern Capital Advisors, LLC
Gruntal & CO., L.L.C.Broker
U.S. Clearing CORP.Broker
Roosevelt & Cross, IncorporatedBroker
State Registrations19 states
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