Michael Caputo
Michael Caputo is a registered investment advisor at USA Financial Securities Corporation, based in Birmingham, AL, with 24 years of industry experience. Their practice areas include Retirement Planning. Their firm serves 1,750 clients with $300M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
USA Financial Securities offers two advisory account management options:
- Transaction-based pricing: You pay a lower custodial and administrative fee, plus individual transaction fees.
- Asset-based pricing: You pay a higher custodial and administrative fee that includes transaction costs. This is best for clients who anticipate moderate to high levels of trading activity.
Representatives may also provide access to third-party money managers. The fees for these managers vary and are disclosed in their own brochures. Representatives may also offer customized financial strategies with varying fee structures, detailed in the representative's disclosure supplement. The maximum management fee charged by USA Financial Securities is 2.7%.
Location
2 Perimeter Park South, Suite 140E, Birmingham, AL, 35243
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 a managing director at Headwater Asset Management LLC since July 2024, where he is involved in insurance and annuity sales. He dedicates about a quarter of his time to this business, with a significant portion occurring during securities trading hours.
Employment History
Current Registrations
USA Financial Securities LLCBroker
USA Financial Securities Corporation
Previous Registrations
Stonex Advisors INC.
Stonex Securities INC.Broker
Sterne Agee Asset Management, INC.
Colonial Asset Management INC
Colonial Brokerage, INC.Broker
Bancorpsouth Investment Services, INC.Broker
Bancorpsouth Investment Services, INC.
Salomon Smith Barney INC.Broker
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.