Michael Barrella is a CFP-designated registered investment advisor at Spc, based in Melbourne, FL, with 38 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
6767 N. Wickham Rd, Suite 400 Aa-Bb, Melbourne, FL, 32940
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael owns real estate, serves on the board of the Boys and Girls Club and The Plaza Condominium, and is a FINRA arbitrator and expert witness. He also works as a youth and high school football official and high school baseball umpire, and is an independent insurance agent offering various lines of insurance.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Managed Asset Portfolios, LLC
H&r Block Financial Advisors, INC.
H&r Block Financial Advisors, INC.Broker
Smith Barney, Harris Upham & CO., IncorporatedBroker
Drexel Burnham Lambert IncorporatedBroker
R.B. Webster Investments, INC.Broker
Tri-Bradley InvestmentsBroker
State Registrations5 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.