Michael Pasvantis
Michael Pasvantis is a registered investment advisor at Commonwealth Financial Network, based in Waltham, MA, with 25 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
275 Wyman Street, Ste. 400, Waltham, MA, 02451
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Regulatory History (1)
Customer Dispute
October 2012Other Business ActivitiesSells Insurance
Michael sells fixed insurance products since 2007, dedicating minimal time to this activity. He is also the Owner & President of Gulf Coast Financial Consultants, Inc., established to facilitate securities, advisory, and insurance business, but spends no time on it during business hours.
Employment History
Current Registrations
Commonwealth Financial NetworkBroker
Commonwealth Financial Network
Previous Registrations
Cambridge Investment Research, INC.Broker
Cambridge Investment Research Advisors, INC.
Next Financial Group, INC.
Next Financial Group, INC.Broker
Fsc Securities Corporation
Fsc Securities CorporationBroker
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
H&r Block Financial Advisors, INC.Broker
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.