AdvisorRanked
65
Some Concerns

TRANSAMERICA FINANCIAL ADVISORS, LLC

TWO LIBERTY PLACE, PHILADELPHIA, PA 19102
commissionSEC Registered
770-248-3271 x.com/TRANSAMERICATFA CRD #16164
$2.1B
Assets Managed
991
Clients
991
Employees
35
Years Active
since 1991

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46112. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: Yes

This firm is affiliated with a broker-dealer, which means they may earn commissions on product sales — creating a potential conflict between their revenue and your best interest.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: No

Assets held at an independent custodian (e.g., Schwab, Fidelity, TD Ameritrade). This is the standard, lower-risk arrangement.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46112

4 customer complaint(s)/arbitration(s) disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 4

Complaint ratio: 0.40 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameTRANSAMERICA FINANCIAL ADVISORS, LLC
CRD Number#16164
SEC RegisteredYes
Registration Date1991-05-16
States RegisteredPA
Assets Under Management$2.1B
Number of Clients991
Employees991
Compensation Typecommission
Last ADV Filing46112

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Frequently Asked Questions

Is TRANSAMERICA FINANCIAL ADVISORS, LLC a fiduciary?

No. TRANSAMERICA FINANCIAL ADVISORS, LLC is not registered as an RIA and is not legally bound by the fiduciary standard.

How does TRANSAMERICA FINANCIAL ADVISORS, LLC charge clients?

TRANSAMERICA FINANCIAL ADVISORS, LLC uses a commission compensation model. They also earn commissions on product sales, which may create conflicts of interest. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does TRANSAMERICA FINANCIAL ADVISORS, LLC have any complaints?

Yes. TRANSAMERICA FINANCIAL ADVISORS, LLC has 4 complaint(s) on record. Their complaint ratio is 0.40 per 100 clients (industry average: ~0.15).

How does TRANSAMERICA FINANCIAL ADVISORS, LLC compare to other advisors in PHILADELPHIA?

TRANSAMERICA FINANCIAL ADVISORS, LLC has a Red Flag Score of 65/100. There are 54 registered advisory firms in PHILADELPHIA. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46112. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.