Michael Depaolo
Michael Depaolo is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Garden City, NY, with 29 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.
Location
825 East Gate Blvd, Ste 103, Garden City, NY, 11530
Get directionsHistory
Regulatory History (1)
Customer Dispute
November 2002Other Business Activities
Michael is the president of Depaolo & Associates Inc dba The IBC Group and DB Advisor Group, providing tax and legal liability services. He is also an advisory representative of a RIA with CIRA and an Investment Advisor Representative with Nettworth Financial Group, spending about 10% of his time on marketing and minimal time on trading.
Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Previous Registrations
Fsc Securities Corporation
Fsc Securities CorporationBroker
Royal Alliance Associates, INC.Broker
Wachovia Securities Financial Network, INC.
Wachovia Securities Financial Network, INC.Broker
Josephthal & CO., INC.Broker
West America Securities CORPBroker
Vtr Capital, INC.Broker
The J.B. Sutton Group, LLCBroker
State Registrations23 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.