Michael Ottman
Michael Ottman is a CFP-designated registered investment advisor at Spectrum Asset Management INC, based in Paia,, HI, with 31 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 315 clients with $660M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
Rates shown are for Equity and Balanced accounts. Fixed Income schedule: first $1M at 0.60%, next $7M at 0.40%, next $17M at 0.25%, above $25M at 0.20%. Cash Management schedule: first $3M at 0.30%, next $7M at 0.20%, above $10M at 0.15%. Emerging Wealth Management schedule: $0-$750K at 1.65% max, $750K-$5M at 1.00%, next $5M at 0.60%, above $10M at 0.40%. A 10% discount applies to eleemosynary accounts. Fees are negotiable.
Fee Estimator
Location
Paia,, HI
Get directionsHistory
Regulatory History (1)
Customer Dispute
April 2004Other Business ActivitiesSells Insurance
Michael has been an insurance agent since 1986, focusing on life and long-term care insurance. He dedicates minimal time to assessing insurance needs and making recommendations.
Employment History
Current Registrations
Spectrum Asset Management INC
Previous Registrations
Ottman Financial Group, INC.
Jeanco Financial,inc.
Royal Alliance Associates, INC.
Ottman Financial Services
State Registrations3 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.