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Sotirios Pappas

Mystic Asset Management
26 Years of Experience
Warwick, RI
1 DisclosureBroker
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Sotirios Pappas is a registered investment advisor at Mystic Asset Management, based in Warwick, RI, with 26 years of industry experience. Sotirios is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 144 clients with $610M in assets under management.

Mystic Asset Management
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2 advisors
Number of Clients
144 clients
Average Client Portfolio
$4.3M average
Assets Under Management
$614.6M

Fee Structure

Minimum Investment:$500K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $2.0M0.90%
$2.0M - $3.0M0.85%
$3M+0.75%

Fees are negotiable. Family member accounts living in the same household may be combined to reach breakpoints.

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

Location

1287 Post Road, Warwick, RI, 02888

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History

Regulatory History (1)
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Regulatory
August 2026
Pending
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Sotirios is a member of Route One Properties, a real estate holding/rental property, dedicating minimal time. He also serves as CEO/CCO/President of Mystic Asset Management and CEO/President of Pappas Asset Management, spending about a third of his time on the latter. Sotirios is also an investment advisor at Retirement Planning Co. of Warwick, dedicating about 10-20% of his time.

Employment History
Current Registrations
Mystic Asset Management
March 2015 - Present · 11 yrs 7 mos
Institutional Securities Corporation
February 2015 - Present · 11 yrs 8 mos
Institutional Securities CorporationBroker
February 2015 - Present · 11 yrs 8 mos
The Retirement Planning Company of New England, INC.
January 2003 - Present · 23 yrs 9 mos
Previous Registrations
Ridgeway & Conger, INC.Broker
November 2010 - March 2015 · 4 yrs 4 mos
Cambridge Investment Research, INC.Broker
May 2001 - December 2010 · 9 yrs 7 mos
Signator Investors, INC.Broker
June 1999 - March 2000 · 9 mos
State Registrations7 states
ALCACTFLMARITX
AdvisorBrokerBoth

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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