Elliot Schrag is a registered investment advisor at Ibn Financial Services, INC, based in New York, NY, with 17 years of industry experience. Elliot 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, and 1 more. Their firm serves 768 clients with $180M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
IBN Financial Services charges a percentage of the value of your investments each year. This fee generally ranges from 0.50% to 2.00%. The exact fee depends on factors like the size of your account and the complexity of your assets. Fees above 2% require compliance approval. There may be additional fees charged by the custodian or separate account managers.
Location
40 Wall St, 28th Floor, New York, NY, 10005
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
April 2018Other Business Activities
Elliot works as a registered representative for Schrag Wealth Management Group, selling securities. This activity takes nearly full-time hours.
Employment History
Current Registrations
Ibn Financial Services, INC
Ibn Financial Services, INC.
Ibn Financial Services, INC.Broker
Previous Registrations
Berthel, Fisher & Company Financial Services, INC.Broker
Sterne Agee Financial Services, INC.Broker
Wrp Investments, INC.Broker
LPL Financial LLCBroker
First Investors CorporationBroker
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.