Michael Hartzman
Michael Hartzman is a CFP-designated registered investment advisor at Lebenthal Global Advisors, LLC, based in Jericho, NY, with 34 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 Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 2,465 clients with $970M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.40% |
| $100K - $250K | 2.35% |
| $250K - $500K | 2.25% |
| $500K - $1.0M | 2.15% |
| $1.0M - $5.0M | 2.12% |
| $5M+ | 2.05% |
Maximum wrap fee is 2.40% (2.00% advisory fee plus 0.40% platform fee). Clients typically pay between 1.00% and 1.50%. Smaller accounts ($800,000 or less) are typically charged a flat fee, while larger accounts use a blended tiered schedule. Fees are negotiable.
Fee Estimator
Location
500 N. Broadway, Suite 238, Jericho, NY, 11753
Get directionsHistory
Regulatory History (1)
Customer Dispute
August 2010Other Business ActivitiesSells Insurance
Michael is the president of Bristol Asset Management Corp, a registered investment advisor. He is also a life insurance agent with Crump Life Insurance, dedicating a few hours per week, and has ownership stakes in Lebenthal Partners LLC and Lebenthal Global Advisors, spending minimal time on these ventures. Michael also hosts The Lebenthal Report Podcast, spending minimal time on it.
Employment History
Current Registrations
Lebenthal Global Advisors, LLC
Lebenthal Financial Services, INC.Broker
Previous Registrations
Northeast Securities, INC.Broker
Jaron Equities CORP.Broker
New England SecuritiesBroker
Kingland Capital CorporationBroker
State Registrations31 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.
Exams
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