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Michael Pasvantis

Commonwealth Financial Network
25 Years of Experience
Ocean Springs, MS
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Pasvantis is a registered investment advisor at Commonwealth Financial Network, based in Ocean Springs, MS, with 25 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

2113 Government Street, Suite B-2, Ocean Springs, MS, 39564

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
October 2012
Settled
View Full SEC ReportHow to Read Disclosures
Other 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
October 2024 - Present · 2 yrs
Commonwealth Financial Network
October 2024 - Present · 2 yrs
Previous Registrations
Cambridge Investment Research, INC.Broker
August 2015 - October 2024 · 9 yrs 2 mos
Cambridge Investment Research Advisors, INC.
August 2015 - October 2024 · 9 yrs 2 mos
Next Financial Group, INC.
January 2009 - August 2015 · 6 yrs 7 mos
Next Financial Group, INC.Broker
January 2009 - August 2015 · 6 yrs 7 mos
Fsc Securities Corporation
July 2004 - February 2009 · 4 yrs 7 mos
Fsc Securities CorporationBroker
March 2004 - February 2009 · 4 yrs 11 mos
Prudential Financial Planning Services
December 2002 - April 2004 · 1 yr 4 mos
Pruco Securities, LLC.Broker
August 2002 - April 2004 · 1 yr 8 mos
H&r Block Financial Advisors, INC.Broker
October 2000 - August 2002 · 1 yr 10 mos
State Registrations10 states
ALARCOFLGAIDLAMSTXVA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
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