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Michel Tsaparlis

32 Years of Experience
Ft. Lauderdale, FL
Broker

Michel Tsaparlis is a registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 32 years of industry experience. Michel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
259 advisors
Number of Clients
14,305 clients
Average Client Portfolio
$387K average
Assets Under Management
$5.5B

Fee Structure

Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.

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Location

6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Kovack Advisors, INC.
April 2013 - Present · 13 yrs 1 mo
Kovack Securities INC.
April 2013 - Present · 13 yrs 1 mo
Kovack Securities INC.Broker
April 2013 - Present · 13 yrs 1 mo
Previous Registrations
Investacorp Advisory Services INC
April 2009 - May 2012 · 3 yrs 1 mo
Investacorp, INC.Broker
March 2005 - May 2012 · 7 yrs 2 mos
Newbridge Securities CorporationBroker
May 2003 - November 2004 · 1 yr 6 mos
First Union Securities Financial Network, INC.Broker
March 2000 - November 2001 · 1 yr 8 mos
Commonwealth Financial NetworkBroker
August 1995 - March 2000 · 4 yrs 7 mos
Commonwealth Equity Services, INC.Broker
February 1995 - April 1995 · 2 mos
Fidelity Brokerage Services, INC.Broker
January 1993 - August 1994 · 1 yr 7 mos
American Express Financial Advisors INC.Broker
June 1990 - January 1993 · 2 yrs 7 mos
Ids Life Insurance CompanyBroker
June 1990 - January 1993 · 2 yrs 7 mos
State Registrations2 states
FLIN
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.
Michel Tsaparlis - Financial Advisor | TrueAdvisor