Douglas Vanderstelt
Douglas Vanderstelt is a registered investment advisor at Spc, based in Ann Arbor, MI, with 25 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
300 Parkland Plaza, Ann Arbor, MI, 48103
Get directionsHistory
Regulatory History (1)
Criminal
February 1997Other Business ActivitiesSells Insurance
Douglas has an independent fixed insurance business since 2005 and sells life and health insurance through various companies. He also operates Summit Wealth Advisors of Michigan full-time since 2020, owns Summit Wealth Properties LLC, and Douglas Vanderstelt LLC.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Linsco/private Ledger CORP.Broker
Edward JonesBroker
State Registrations10 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.