Michael Warren is a registered investment advisor at Spc, based in Ann Arbor, MI, with 37 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
300 Parkland Plaza, Ann Arbor, MI, 48103
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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 is the president of First South Financial, Inc., a brokerage agency established in 1992, selling various lines of insurance and overseeing existing client accounts, primarily life insurance policies. He also serves as a trustee for Hayes Barton Baptist Church and president of the Needham Broughton High School Caps Club, dedicating minimal time to the church and a few hours per week to the high school club.
Employment History
Current Registrations
Spc
Parkland Securities, LLCBroker
Previous Registrations
Walnut Street Securities, INC.Broker
The Leaders Group, INC.Broker
Fortis Investors, INC.Broker
Franklin Financial Services CorporationBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Interstate/johnson Lane CorporationBroker
State Registrations2 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.