Timothy Mccormack
Timothy Mccormack is a registered investment advisor at Spc, based in Ann Arbor, MI, with 24 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
300 Parkland Plaza, Ann Arbor, MI, 48103
Get directionsHistory
Regulatory History (2)
Financial
February 2017Customer Dispute
July 2007Other Business ActivitiesSells Insurance
Timothy sells term life insurance and fixed annuities, dedicating a few hours per week to this activity. He also owns healthbenefitsgroup.net, a quote engine for various insurance products.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Ridgeway Conger Advisory Services
Adirondack Trading Group LLCBroker
Regulus Advisors, LLCBroker
Regal Investment Advisors LLC
American Portfolios Advisors, INC
American Portfolios Financial Services, INC.Broker
Walnut Street Securities, INC.Broker
Great American Advisors, INC.Broker
Brecek & Young Advisors, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
PFS Investments INC.Broker
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.