Roseann Palermo
Roseann Palermo is a registered investment advisor at Chelsea Advisory Services, INC, based in Staten Island, NY, with 17 years of industry experience. Roseann 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 552 clients with $150M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Chelsea Advisory charges a percentage of your portfolio each year. The exact percentage is negotiated with each client, up to a maximum of 2%. Fees are paid quarterly. Some financial planning is included with investment management services. Chelsea Advisory recommends clients open brokerage accounts with their affiliate, Chelsea Financial, which has negotiated rates with Hilltop Securities. This arrangement means clients don't pay separately for advisory services, trade execution, or custody.
Location
242 Main Street, Staten Island, NY, 10307
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Regulatory History (1)
Regulatory
December 2017Other Business ActivitiesSells Insurance
Roseann is the President/Owner of Palermo Insurance Agency, involved in insurance sales, dedicating nearly full-time hours to this endeavor. She is also a joint owner of a rental property and an insurance CSR associate at WAHVE, LLC, spending about 10-20% of her time on policy analysis.
Employment History
Current Registrations
Chelsea Advisory Services, INC
Chelsea Financial ServicesBroker
Previous Registrations
Ic Advisory Services, INC.
The Investment Center, 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.