Michael Karwic
Michael Karwic is a CFP-designated registered investment advisor at Glenayr Family Advisors LLC, based in Brightwood, VA, with 28 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, Estate Planning, Financial Planning & Coaching, High Net Worth, and 1 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.80% |
| $1.0M - $5.0M | 0.50% |
| $5M+ | 0.30% |
Fees are negotiable. Total fee (Glenayr + Third Party Manager) will not exceed 3%.
Fee Estimator
Location
Brightwood, VA
Get directionsHistory
Regulatory History (2)
Regulatory
October 2018Customer Dispute
June 2004Other Business ActivitiesSells Insurance
Michael is a faculty member with The Sudden Money Institute, teaching Transition Finances, dedicating about 10% of his time. He also owns Apogee Innovations, LLC for woodworking, and is a co-owner of Tetra Worldwide, LLC for e-commerce, both requiring minimal time. Finally, Michael is a life insurance agent.
Employment History
Current Registrations
Glenayr Family Advisors LLC
Previous Registrations
Third Eye Associates, LTD
Commonwealth Financial Network
Capital Analysts
Lincoln Investment
Lincoln InvestmentBroker
Iron Valley Wealth Management, LLC
Coastal Investment Advisors
Coastal Equities, INC.Broker
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith BarneyBroker
Morgan Stanley Smith Barney LLC
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Morgan Stanley
Morgan Stanley Dw INC.Broker
Merrill Lynch Pierce Fenner & Smith INC.
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations2 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.