Michael Camferdam
Michael Camferdam is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Pensacola, FL, with 40 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
6108 Village Oaks Dr, Pensacola, FL, 32504
Get directionsHistory
Regulatory History (28)
Financial
February 2018Customer Dispute
July 2012Customer Dispute
April 2012Customer Dispute
May 2011Customer Dispute
November 2010Customer Dispute
August 2010Customer Dispute
July 2010Customer Dispute
June 2010Customer Dispute
June 2010Customer Dispute
November 2009Customer Dispute
August 2009Customer Dispute
August 2009Customer Dispute
August 2009Customer Dispute
July 2009Customer Dispute
July 2009Customer Dispute
July 2009Customer Dispute
July 2009Customer Dispute
June 2009Customer Dispute
June 2009Customer Dispute
June 2009Customer Dispute
December 2008Customer Dispute
October 2008Customer Dispute
April 2008Customer Dispute
March 2008Customer Dispute
January 2008Customer Dispute
January 2008Customer Dispute
December 2007Customer Dispute
November 2007Other Business ActivitiesSells Insurance
Michael is an Investment Advisor Representative (IAR) with Royal Alliance since 2013, dedicating about a quarter of his time. He also owns a sole proprietorship for crop planting and harvesting, and another entity, First Charter Investments, to manage business expenses. Additionally, Michael provides clients with information on fixed annuities and life insurance products, dedicating minimal time to this activity.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Raymond James & Associates, INC.
Raymond James & Associates, INC.Broker
Morgan Keegan & Company, INC.
Morgan Keegan & Company, INC.Broker
Regions Investment Company, INC.Broker
Eden Financial Funds Group, INC.Broker
Great Western Financial Securities CorporationBroker
Integrated Resources Equity CorporationBroker
Shearson Lehman Brothers INC.Broker
The Robinson-Humphrey Company INC.Broker
State Registrations7 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.