Michael Spartz
Michael Spartz is a registered investment advisor at International Assets Investment Management, LLC, based in Clermont, FL, with 39 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, High Net Worth, Investment Management, Retirement Planning. Their firm serves 5,961 clients with $2.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
IAIM charges an annual asset-based investment advisory fee up to 3.00%, negotiated between the client and the investment advisor representative (IAR). The fee depends on factors like the size of the relationship, inclusion/exclusion of transaction fees, and complexity of services. Fees are typically based on the market value of assets under management at the end of the prior month or quarter, but may be offered as a fixed quarterly fee. Clients also pay transaction fees for each trade, including no-transaction-fee mutual funds. IAIM may recommend third-party asset managers (TPAMs), in which case the client's overall fees will include IAIM's fee plus the TPAM's fees.
Location
3721 HWY 27, Suite A, Clermont, FL, 34711
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
March 2018Customer Dispute
July 2000Other Business Activities
Michael is an advisor with International Assets Investment Management LLC, dedicating about half of his time to this role. He also serves as Board Secretary/Treasurer for the Community Foundation of South Lake County and owns Globull, LLC, a private label entity for his financial business, spending about a quarter of his time on this.
Employment History
Current Registrations
International Assets Investment Management, LLC
International Assets Advisory, LLCBroker
International Assets Advisory, LLC
Previous Registrations
Moors & Cabot, INC
Moors & Cabot, INC.Broker
Ameriprise Financial Services, INC.Broker
Ameriprise Financial Services, INC.
Wells Fargo Clearing Services, LLC
Wells Fargo Clearing Services, LLCBroker
Merrill Lynch Pierce Fenner & Smith INC.
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
International Assets Advisory CorporationBroker
State Registrations32 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.