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Michael Tutcher

Raymond James Financial Services Advisors, INC
33 Years of Experience
Sarasota, FL
6 DisclosuresBroker
View SEC Summary
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Michael Tutcher is a registered investment advisor at Raymond James Financial Services Advisors, INC, based in Sarasota, FL, with 33 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 Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 508,439 clients with $390B in assets under management.

Raymond James Financial Services Advisors, INC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6724 advisors
Number of Clients
508,439 clients
Average Client Portfolio
$767K average
Assets Under Management
$390.0B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum annual fee percentage is 2.25% of assets under advisement. Specific fees are negotiable with your financial advisor based on time, complexity, and portfolio size.

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

Location

1819 Main Street, Suite 600, Sarasota, FL, 34236

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History

Regulatory History (6)
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
January 2019
Denied
Customer Dispute
December 2012
Settled
Customer Dispute
February 2010
Denied
Customer Dispute
June 2006
Denied
Customer Dispute
October 2003
Denied
Customer Dispute
March 2002
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is the CEO of Main Street Financial Group and a branch manager/owner/financial advisor, dedicating about half of his time to this. He also receives referral fees as an independent contractor and owns Tutcher Family Enterprises, a fitness center, spending a few hours per week on this.

Employment History
Current Registrations
Raymond James Financial Services Advisors, INC
January 2017 - Present · 9 yrs 9 mos
Raymond James Financial Services, INC.Broker
December 2016 - Present · 9 yrs 10 mos
Previous Registrations
Raymond James & Associates, INC.
July 2006 - December 2016 · 10 yrs 5 mos
Raymond James & Associates, INC.Broker
May 2006 - December 2016 · 10 yrs 7 mos
Metlife Securities INC.
February 1993 - June 2006 · 13 yrs 4 mos
Metlife Securities INC.Broker
January 1993 - June 2006 · 13 yrs 5 mos
Metropolitan Life Insurance CompanyBroker
January 1993 - June 2006 · 13 yrs 5 mos
State Registrations35 states
ALAZCACOCTDCDEFLGAIDILINKSMAMDMIMNMONCNHNJNVNYOHOKPARISCTNTXUTVAWAWIWY
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.
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