Michael Stewart
Michael Stewart is a registered investment advisor at Sound Income Strategies, LLC, based in Fort Lauderdale, FL, with 19 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, Investment Management, Retirement Planning. Their firm serves 24,757 clients with $4.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sound Income Strategies (SIS) manages investment portfolios for a fee based on the value of your portfolio. The annual fee can be up to 1.75% of the value of your portfolio. For a limited group of clients with special needs, the fee can be up to 2.0%. The fee is usually billed monthly, but can be negotiated to be billed quarterly. If SIS uses a third-party investment manager for part of your portfolio, you won't pay any extra fees.
Location
500 W Cypress Creek Road, Suite 290, Fort Lauderdale, FL, 33309
Get directionsHistory
Regulatory History (3)
Customer Dispute
June 2012Customer Dispute
October 2008Regulatory
May 2008Other Business ActivitiesSells Insurance
Michael is the founder/owner of Crystal Lake Tax and Financial, where he sells and services fixed and indexed annuities, fixed insurance products, life insurance, and provides tax preparation and planning services. This takes about 20% of his time. He also markets for investment advisory and fixed insurance services through The Retirement Income Source, but this takes minimal time.
Employment History
Current Registrations
Sound Income Strategies, LLC
Previous Registrations
Ari Financial Services, INC.Broker
Wallstreet*e Financial Services, INC.Broker
Fifth Third Securities, INC.Broker
Fifth Third Securities, INC.
Harris Investor Services, INC.
Harris Investor Services, INC.Broker
Harris Investor Services, INC.Broker
Harris Investor Services, INC.
Harrisdirect LLC
Harrisdirect LLCBroker
Ameritas Investment CORP.Broker
Harris Investorline INC.Broker
Edward JonesBroker
State Registrations2 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.