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CFP
MS
CFP

Michael Shields

Waterfront Wealth INC.
28 Years of Experience
Ocala, FL
1 Disclosure
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Michael Shields is a CFP-designated registered investment advisor at Waterfront Wealth INC., based in Ocala, FL, 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 Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 792 clients with $1.1B in assets under management.

Waterfront Wealth INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10 advisors
Number of Clients
792 clients
Average Client Portfolio
$1.4M average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:$500K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.50%

Fees are negotiable up to 1.5% annually. An additional management fee of up to 0.65% applies to individual stock and bond services.

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

Location

217 SE 1st Ave., Suite 200-116, Ocala, FL, 34471

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History

Regulatory History (1)
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.
Regulatory
January 2023
Final
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael owns Dinks Investments Inc., an investment-related legal entity used for personal accounting and tax purposes since 2016. This activity requires minimal time each month and generally occurs outside of regular trading hours.

Employment History
Current Registrations
Waterfront Wealth INC.
April 2015 - Present · 11 yrs 6 mos
Previous Registrations
Wells Fargo Advisors Financial Network, LLC
May 2012 - October 2020 · 8 yrs 5 mos
Wells Fargo Advisors Financial Network, LLCBroker
May 2012 - October 2020 · 8 yrs 5 mos
Wells Fargo Advisors, LLC
January 2008 - May 2012 · 4 yrs 4 mos
Wells Fargo Advisors, LLCBroker
January 2008 - May 2012 · 4 yrs 4 mos
A. G. Edwards & Sons, INC.
June 2000 - January 2008 · 7 yrs 7 mos
A. G. Edwards & Sons, INC.Broker
December 1999 - January 2008 · 8 yrs 1 mo
Olde Discount CorporationBroker
July 1998 - January 2000 · 1 yr 6 mos
State Registrations3 states
FLKSTX
Advisor

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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