Reuben Levinsohn
Reuben Levinsohn is a registered investment advisor at Washington Avenue Advisors, based in Lansing, MI, with 20 years of industry experience. Reuben operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, High Net Worth, Investment Management, Retirement Planning. Their firm serves 686 clients with $290M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Washington Avenue Advisors' (WAA) investment advisory fees are based on a percentage of the assets they manage for you. The exact percentage depends on the size of your portfolio, and the rate decreases as your portfolio grows. Here are the ranges:
- $0 - $500,000: 1.00% to 1.5%
- $500,001 - $2,000,000: 0.63% to 0.98%
- $2,000,001 - $3,000,000: 0.52% to 0.87%
- $3,000,001 - $4,000,000: 0.41% to 0.76%
- $4,000,001 - $5,000,000: 0.26% to 0.61%
- $5,000,001 and above: 0.11% to 0.36%
WAA may recommend independent portfolio managers and certain fee-based variable annuities for the management of certain client assets. Clients who decide to participate in these third-party advisor separately managed accounts (SMAs) and fee-based variable annuities may incur a fee for these services in addition to the advisory fee paid to WAA.
Location
1146 South Washington Avenue, Lansing, MI, 48910
Get directionsHistory
Regulatory History (3)
Customer Dispute
May 2019Civil
March 2013Customer Dispute
July 2009Other Business ActivitiesSells Insurance
Reuben sells various types of insurance, including life, disability, long-term care, and fixed annuities. He also has numerous real estate ventures, including commercial and residential rentals, and is involved with several LLCs and community organizations, dedicating a few hours per week to L&P Properties LLC.
Employment History
Current Registrations
Washington Avenue Advisors
Previous Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
Securian Financial Services, INC.
Securian Financial Services, INC.Broker
State Registrations4 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.