Federal Prep

RIASEC RegisteredEst. 2020

Total AUM

$80.1M

Discretionary

0% of AUM

Avg account

$126K

Accounts

637

Employees

Advisory reps

Firm details

Headquarters: Bohemia, New York
CRD number: 282663
Registered since: June 26, 2020
Website: www.federalprep.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC, SEI INVESTMENTS DISTRIBUTION CO.
Fee structure: Percentage of AUM
Client types: Individuals100%
Services: Portfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Federal Prep is a corporate SEC-registered investment adviser that began registration in 2020 and is owned by an individual. It serves individual and family clients, charging fees based on a percentage of assets under management. The firm describes its advisory work as portfolio management for individuals and small businesses, selecting other advisers when appropriate, and delivering educational seminars and workshops. Federal Prep does not position itself as an active ESG investor and is not structured as a multi-state adviser or a pension consultant. The firm is identified as a capital allocator and lists an affiliation with an insurance company.