Walter Powrozek is a registered investment advisor at Spc, based in Novi, MI, with 29 years of industry experience. Walter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
41160 10 Mile Rd, Novi, MI, 48375
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Regulatory History (1)
Customer Dispute
July 2014Other Business ActivitiesSells Insurance
Walter receives income from securities and insurance business through Sigma Financial and Sigma Planning Corporation and sells various insurance products, including fixed, immediate, and fixed indexed annuities. He is also the president, founder, and 50% owner of River Oaks Wealth Advisors, dedicating nearly full-time hours to this role.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Raymond James Financial Services, INC.Broker
UBS Painewebber INC.Broker
State Registrations21 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.