TrueAdvisor
TrueAdvisor
MP
MP

Michael Petramalo

International Assets Investment Management, LLC
33 Years of Experience
Daytona Beach, FL
2 DisclosuresBroker
View SEC Summary
View SEC Summary

Michael Petramalo is a registered investment advisor at International Assets Investment Management, LLC, based in Daytona Beach, FL, with 33 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 5,961 clients with $2.6B in assets under management.

International Assets Investment Management, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
121 advisors
Number of Clients
5,961 clients
Average Client Portfolio
$431K average
Assets Under Management
$2.6B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Fees are negotiable up to an annual maximum of 3.00% depending on portfolio size, transaction fee inclusion, and service complexity.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Daytona Beach, FL

Get directions

History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Employment Separation After Allegations
December 2015
Customer Dispute
June 1999
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is the President and 100% owner of MFP Advisory Group, LLC, providing coaching, consulting, and placement services, dedicating about a quarter of his time. He is also the Owner/President of Next Level Advisor Coaching, providing coaching and consulting services for advisors and firms (about a quarter of his time), Co-President of One Seven, LLC (about half of his time), and Operations Liaison for International Assets Investment Management, LLC (nearly full-time).

Employment History
Current Registrations
International Assets Investment Management, LLC
August 2017 - Present · 9 yrs 2 mos
International Assets Advisory, LLCBroker
October 2016 - Present · 10 yrs
Previous Registrations
Suntrust Investment Services, INC.
May 2014 - December 2015 · 1 yr 7 mos
Suntrust Investment Services, INC.Broker
April 2014 - December 2015 · 1 yr 8 mos
Wells Fargo Advisors, LLC
January 2010 - April 2014 · 4 yrs 3 mos
Wells Fargo Advisors, LLCBroker
January 2010 - April 2014 · 4 yrs 3 mos
Morgan Stanley Smith Barney LLC
June 2009 - December 2009 · 6 mos
Morgan Stanley Smith BarneyBroker
June 2009 - December 2009 · 6 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
March 2006 - April 2007 · 1 yr 1 mo
Morgan Stanley Dw INC.Broker
March 2003 - April 2007 · 4 yrs 1 mo
M&t Securities, INC.Broker
September 1995 - March 2003 · 7 yrs 6 mos
Citicorp Investment ServicesBroker
September 1993 - September 1995 · 2 yrs
Mony Securities CORP.Broker
April 1992 - October 1993 · 1 yr 6 mos
State Registrations1 state
FL
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Daytona Beach, FL →All financial advisors in Florida →