Jeffrey Hovermale
Jeffrey Hovermale is a registered investment advisor at Robo Advisor, INC., based in Lake Mary, FL, with 28 years of industry experience. Jeffrey operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Retirement Planning, and 1 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Robo Advisor charges an investment advisory fee ranging from 0% to 0.25% per year, which can be negotiated. The fee is based on the assets in your account and is deducted either monthly or quarterly in advance. Some clients may contract for investment advice on a subscription basis, ranging from $0.00 to $8.99 per month, depending on the account type and complexity of the investment strategy. The investment advisory fee includes all custody, transaction, and sub-advisory costs.
Location
255 Primera Boulevard, Suite 160, Lake Mary, FL, 32746-2168
Get directionsHistory
Regulatory History (3)
Financial
August 2021Regulatory
December 2018Employment Separation After Allegations
March 2018Other Business ActivitiesSells Insurance
Jeffrey is the president of Sovereign Wealth Management Group, Inc., a full-service insurance agency, since 2004. He dedicates about half of his time to this role overall, with about 10-20% of his time during normal trading hours, overseeing operations, compliance, and new business development.
Employment History
Current Registrations
Robo Advisor, INC.
Previous Registrations
Robo Advisor, INC.
Sovereign Legacy, INC.
Sovereign Legacy Securities, INC.Broker
Spc
Sigma Financial CorporationBroker
American General Securities IncorporatedBroker
W. S. Griffith & CO., INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations1 state
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.