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Michael Nixon

Drs Wealth Management
34 Years of Experience
Southport, NC
7 DisclosuresSells Insurance
View SEC Summary
View SEC Summary

Michael Nixon is a registered investment advisor at Drs Wealth Management, based in Southport, NC, with 34 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 7 more. Their firm serves 182 clients with $88M in assets under management.

Drs Wealth Management
Compensation
Fee-Only (% of Portfolio)
Firm Size
2 advisors
Number of Clients
182 clients
Average Client Portfolio
$486K average
Assets Under Management
$88.5M

Fee Structure

Minimum Investment:None
Planning is included in investment management
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.75%

Annual fees range from 0.75% to 1.75% of assets under management and are negotiable.

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

Location

Southport, NC

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History

Regulatory History (7)
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.
Regulatory
January 2022
Final
Regulatory
December 2021
Final
Regulatory
August 2019
Final
Customer Dispute
July 2018
Settled
Customer Dispute
October 1998
Award / Judgment
Employment Separation After Allegations
November 1992
Criminal
November 1992
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael holds a North Carolina resident health and life insurance license, dedicating minimal time to it. He is also the President of Legacy Capital Management, Inc., an S-Corp formed for tax planning purposes, which requires minimal time and is non-investment related.

Employment History
Current Registrations
Drs Wealth Management
February 2020 - Present · 6 yrs 8 mos
Previous Registrations
Drs Wealth Management
January 2020 - January 2020 · 0 mos
Paulson Investment Company, LLC
March 2016 - January 2020 · 3 yrs 10 mos
Paulson Investment Company LLCBroker
December 2015 - January 2020 · 4 yrs 1 mo
Newport Coast Asset Management
February 2013 - December 2015 · 2 yrs 10 mos
Newport Coast Securities, INC.Broker
June 2012 - January 2016 · 3 yrs 7 mos
Ariston Wealth Management, LP
April 2012 - February 2013 · 10 mos
Meyers Associates, L.P.Broker
October 2011 - February 2013 · 1 yr 4 mos
Ariston Wealth Management, LP
October 2011 - April 2012 · 6 mos
Anderson & Strudwick, Incorporated
July 2010 - October 2011 · 1 yr 3 mos
Anderson & Strudwick, IncorporatedBroker
July 2010 - October 2011 · 1 yr 3 mos
Jesup & Lamont Advisors
February 2010 - December 2010 · 10 mos
Jesup & Lamont Securities CORP.
May 2009 - July 2010 · 1 yr 2 mos
Jesup & Lamont Securities CORPBroker
November 2008 - July 2010 · 1 yr 8 mos
Jesup & Lamont Securities CORPBroker
October 2008 - October 2008 · 0 mos
Loudoun Capital Management
May 2004 - May 2009 · 5 yrs
Empire Financial Group, INC.Broker
July 2001 - November 2008 · 7 yrs 4 mos
Centennial Capital Management, INC.Broker
October 1999 - July 2001 · 1 yr 9 mos
American Fronteer Financial CorporationBroker
April 1996 - November 1999 · 3 yrs 7 mos
Dickinson & CO.Broker
February 1995 - February 1996 · 1 yr
Montano Securities CorporationBroker
August 1993 - January 1995 · 1 yr 5 mos
F.N. Wolf & CO., INC.Broker
September 1991 - November 1992 · 1 yr 2 mos
State Registrations3 states
MDNCVA
Advisor

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.
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