Michael Mcdermott
Michael Mcdermott is a CFP-designated registered investment advisor at Kathmere Capital Management, LLC, based in Wayne, PA, 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 Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 779 clients with $2.5B 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 $3.0M | 1.00% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.65% |
| $10.0M - $20.0M | 0.50% |
| $20.0M - $50.0M | 0.40% |
| $50M+ | 0.40% |
All Investment Management Services fees are negotiable at our discretion.
Fee Estimator
Location
435 Devon Park Drive, Suite 715, Wayne, PA, 19087
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is involved with Ironbark Capital Partners, LLC for tax/investment purposes, dedicating minimal time. He is also the author of a book titled "Financial Advisors are NOT Created Equal", and spends minimal time on this activity. Michael also addresses the fixed insurance needs of clients, dedicating about 10-20% of his time.
Employment History
Current Registrations
Kathmere Capital Management, LLC
Previous Registrations
Private Advisor Group, LLC
LPL Financial LLC
LPL Financial LLCBroker
Jefferson Pilot Securities CorporationBroker
Esi Financial Advisors
Equity Services, INC.Broker
New England SecuritiesBroker
State Registrations3 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.