TrueAdvisor
TrueAdvisor
MS
CFP · ChFC
MS
CFP · ChFC

Mark Schaffer

Armstrong Advisory Group INC.
31 Years of Experience
Needham, MA
2 Disclosures
View SEC Summary
View SEC Summary

Mark Schaffer is a CFP, ChFC-designated registered investment advisor at Armstrong Advisory Group INC., based in Needham, MA, with 31 years of industry experience. Mark operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,494 clients with $1.7B in assets under management.

Armstrong Advisory Group INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
15 advisors
Number of Clients
1,494 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$1.7B

Fee Structure

Minimum Investment:$400K
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1000K1.25%
$1.0M - $3.5M1.00%
$3.5M - $5.0M0.75%
$5M+0.50%

Effective October 1, 2024, AAG excludes Swept Cash assets from its calculation of the Management Fee.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

144 Gould Street, Suite 210, Needham, MA, 02494

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History

Regulatory History (2)
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.
Customer Dispute
October 2022
Denied
Customer Dispute
October 2022
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Mark maintains active insurance licenses but does not currently conduct insurance business as of April 2025. This activity is not investment-related.

Employment History
Current Registrations
Armstrong Advisory Group INC.
May 2022 - Present · 3 yrs 11 mos
Previous Registrations
Securities America, INC.Broker
October 2017 - June 2022 · 4 yrs 8 mos
Securities America Advisors, INC.
October 2017 - June 2022 · 4 yrs 8 mos
Scottrade, INC.Broker
September 2016 - October 2017 · 1 yr 1 mo
Scottrade Investment Management
September 2016 - October 2017 · 1 yr 1 mo
3d Asset Management, INC.
May 2016 - July 2016 · 2 mos
Securities America Advisors, INC.
September 2014 - January 2016 · 1 yr 4 mos
Securities America, INC.Broker
September 2014 - January 2016 · 1 yr 4 mos
Infinex Investments, INC.
February 2014 - August 2014 · 6 mos
Infinex Investments, INC.Broker
February 2014 - August 2014 · 6 mos
Securities Service Network, INC.Broker
February 2014 - February 2014 · 0 mos
Edelman Financial Services LLC
August 2011 - October 2013 · 2 yrs 2 mos
Sanders Morris Harris INC.Broker
August 2011 - October 2013 · 2 yrs 2 mos
Retirement Design & Management INC
June 2007 - August 2011 · 4 yrs 2 mos
Rdm Investment Services, INC.Broker
June 2007 - August 2011 · 4 yrs 2 mos
Robert J. Reby & Company INC.
August 2005 - May 2007 · 1 yr 9 mos
Royal Alliance Associates, INC.Broker
August 2005 - May 2007 · 1 yr 9 mos
Ing Financial Partners, INC
April 1999 - July 2005 · 6 yrs 3 mos
Ing Financial Partners, INC.Broker
April 1999 - July 2005 · 6 yrs 3 mos
Essex National Securities, INC.Broker
December 1998 - March 1999 · 3 mos
Fis Securities, INC.Broker
January 1997 - December 1998 · 1 yr 11 mos
Mds Securities IncorporatedBroker
October 1994 - December 1996 · 2 yrs 2 mos
Pruco Securities CorporationBroker
February 1994 - October 1994 · 8 mos
State Registrations4 states
CTMATXWA
Advisor

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Exams
No exam information available for this advisor.
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