Ari Baum
Ari Baum is a registered investment advisor at Prospera Financial Services, INC., based in Dallas, TX, with 25 years of industry experience. Their practice areas include Estate Planning, Retirement Planning. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospera Financial Services offers investment management through various programs. The fees are based on a percentage of your portfolio's value and are negotiable, but the maximum annual fee is 2.15%. The specific fee and services are agreed upon in an advisory agreement. Fees are typically deducted from your account. Some programs may have additional fees, such as transaction costs or sub-account fees. Prospera also participates in revenue sharing with custodians and other third parties, which creates a conflict of interest.
Location
5429 Lbj Freeway, Suite 750, Dallas, TX, 75240
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
September 2014Other Business ActivitiesSells Insurance
Ari is involved in several outside activities, including serving on the finance committee for Magen David Yeshiva, as a board member and treasurer for the Council of Jewish Organizations of Flatbush, a consultant for Alphasights Consulting, a JustWorks agent receiving referral fees for 401k group employee benefits, renting a timeshare, a track and field coach for Yeshiva of Flatbush High School, and a board member of Congregation Shaare Shalom. These activities take up minimal time, ranging from a few hours per week to about 10-20% of his time.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
Prospera Financial Services, INC.
Morgan StanleyBroker
UBS Financial Services INC.Broker
Chase Investment Services CORP.Broker
U.S. Trading CORP.Broker
State Registrations32 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.