Michael Derosa is a registered investment advisor at Dovetail Wealth Management, LLC, based in Taylor, TX, with 24 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, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 857 clients with $330M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Dovetail Wealth Management offers investment management through LPL Financial's advisory programs. The annual fees for these programs vary, with a maximum of:
- Manager Access Select (MAS): Up to 3.00%
- Model Wealth Portfolio (MWP): Up to 2.83%
- Optimum Market Portfolio (OMP): Up to 2.50%
- Personal Wealth Portfolio (PWP): Up to 2.50%
For Comprehensive Portfolio Management, the maximum annual fee is 2.00%. Fees are negotiable and are deducted from the account quarterly in advance.
Location
301 North Main Street, Taylor, TX, 76574
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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 Activities
Michael is a public notary, notarizing documents.
Employment History
Current Registrations
Dovetail Wealth Management, LLC
Previous Registrations
Sii Investments, INC.
Investment Centers of America, INC.Broker
Sii Investments, INC.Broker
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
A. G. Edwards & Sons, INC.Broker
Pruco Securities CorporationBroker
State Registrations1 state
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.