Arturo Colon
Arturo Colon is a registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 27 years of industry experience. Arturo operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308
Get directionsHistory
Regulatory History (31)
Customer Dispute
April 2020Customer Dispute
September 2019Customer Dispute
September 2019Customer Dispute
August 2019Customer Dispute
July 2019Customer Dispute
December 2018Customer Dispute
December 2018Customer Dispute
June 2018Customer Dispute
May 2018Customer Dispute
February 2018Customer Dispute
January 2018Customer Dispute
December 2017Customer Dispute
November 2017Customer Dispute
October 2017Customer Dispute
June 2017Customer Dispute
September 2016Customer Dispute
September 2016Customer Dispute
August 2016Customer Dispute
August 2016Customer Dispute
June 2016Customer Dispute
March 2016Customer Dispute
February 2016Customer Dispute
December 2014Customer Dispute
August 2014Customer Dispute
July 2014Customer Dispute
July 2010Customer Dispute
January 2008Customer Dispute
December 2007Customer Dispute
December 2004Customer Dispute
September 2002Customer Dispute
September 1999Other Business ActivitiesSells Insurance
Arturo is a Senior Vice President - Investments at West Indies Wealth Management and also provides legal advice as a lawyer, dedicating about a quarter of his time to the latter. Additionally, Arturo is a life insurance producer selling life, variable, and annuity products, spending a few hours per week on this activity, and serves on the board of trustees for Atlantic University College, Inc., dedicating minimal time.
Employment History
Current Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Previous Registrations
Santander Securities
Santander Securities LLCBroker
UBS Financial Services INC.Broker
UBS Financial Services Incorporated of Puerto RicoBroker
Popular Securities, INC.Broker
State Registrations3 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.