Michael Sy
Michael Sy is a CFP-designated registered investment advisor at Esi Financial Advisors, based in Beverly Hills, CA, with 37 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 12,116 clients with $2.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ESI Financial Advisors offers investment management through various programs. Fees vary depending on the program chosen and can include platform fees, strategist fees, and service fees.
ESI Illuminations programs charge a platform fee between 0.26% and 0.45% annually, plus strategist fees (0.02%-1.00%) and EFA's service fee (0-2.00%).
American Funds and Schwab Retirement Advisor Services have tiered fees, up to 1.00% annually on the first $1M, decreasing to 0.35% on amounts over $10M.
AssetMark fees are negotiated with the advisor, not to exceed 1.5% annually.
SEI fees are also negotiated, not to exceed 1.75% annually, plus a 0.05% administrative fee.
Location
8383 Wilshire Blvd, Suite 450, Beverly Hills, CA, 90211
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2004Other Business ActivitiesSells Insurance
Michael is an insurance agent or broker for several insurance companies, operating under the DBA Michael S. Sy, and also an independent agent licensed to sell insurance products. He also owns a tax preparation, notary, and real estate business and engages in real estate rental activities and loan referrals, dedicating full-time hours to insurance sales.
Employment History
Current Registrations
Esi Financial Advisors
Equity Services, INC.Broker
Previous Registrations
Mony Securities CORP.Broker
The Mutual Life Insurance Company of New YorkBroker
State Registrations6 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.