TrueAdvisor
TrueAdvisor
MF
CFP
MF
CFP

Michael Furman

Stifel, Nicolaus & Company, Incorporated
37 Years of Experience
Daytona Beach, FL
1 DisclosureBroker
View SEC Summary
View SEC Summary

Michael Furman is a CFP-designated registered investment advisor at Stifel, Nicolaus & Company, Incorporated, based in Daytona Beach, FL, with 37 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 Alternative Investments, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 236,191 clients with $200B in assets under management.

Stifel, Nicolaus & Company, Incorporated
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3355 advisors
Number of Clients
236,191 clients
Average Client Portfolio
$836K average
Assets Under Management
$197.5B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.00%

Maximum annual fee rate for the Summit Program is up to 1.00% of assets under management. Other programs have separate fee schedules detailed in respective program brochures. Fees are generally negotiable.

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

Location

Cornerstone Office Park, 1530 Cornerstone Blvd, Daytona Beach, FL, 32117

Get directions

History

Regulatory History (1)
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.
Customer Dispute
March 2008
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is a member of the pension advisory board for the City of Ormond Beach, dedicating minimal time. He also serves on the investment committee for TOP Jewish Foundation, overseeing management policies, spending minimal time.

Employment History
Current Registrations
Stifel, Nicolaus & Company, Incorporated
August 2009 - Present · 17 yrs 2 mos
Stifel, Nicolaus & Company, IncorporatedBroker
August 2009 - Present · 17 yrs 2 mos
Previous Registrations
UBS Financial Services INC.
September 1999 - August 2009 · 9 yrs 11 mos
UBS Financial Services INC.Broker
September 1999 - August 2009 · 9 yrs 11 mos
Dean Witter Reynolds INC.Broker
March 1990 - August 2000 · 10 yrs 5 mos
Cigna Securities, INC.Broker
April 1989 - February 1990 · 10 mos
State Registrations28 states
ALCACODCDEFLGAIAKYLAMAMDMIMONCNJNVNYOHPARITNTXUTVAWAWIWV
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 →