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Timothy Mccormack

Spc
25 Years of Experience
Grosse Pointe Park, MI
2 DisclosuresBrokerSells Insurance
View SEC Summary
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Timothy Mccormack is a registered investment advisor at Spc, based in Grosse Pointe Park, MI, with 25 years of industry experience. Timothy is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 30,916 clients with $6.1B in assets under management.

Spc
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
474 advisors
Number of Clients
30,916 clients
Average Client Portfolio
$197K average
Assets Under Management
$6.1B

Fee Structure

Minimum Investment:$5.5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum annual advisory fee is 2.50%. Advisors set their own rates for each account up to this maximum limit. A 0.15% program fee is included within the total fee.

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

Location

764 Harcourt Rd, Grosse Pointe Park, MI, 48230

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History

Regulatory History (2)
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.
Financial
February 2017
Final
Customer Dispute
July 2007
Denied
View Full SEC ReportHow to Read Disclosures
Other 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
November 2015 - Present · 10 yrs 11 mos
Sigma Financial CorporationBroker
November 2015 - Present · 10 yrs 11 mos
Previous Registrations
Ridgeway Conger Advisory Services
October 2015 - November 2015 · 1 mo
Adirondack Trading Group LLCBroker
October 2015 - November 2015 · 1 mo
Regulus Advisors, LLCBroker
July 2014 - September 2015 · 1 yr 2 mos
Regal Investment Advisors LLC
August 2011 - September 2015 · 4 yrs 1 mo
American Portfolios Advisors, INC
May 2010 - November 2013 · 3 yrs 6 mos
American Portfolios Financial Services, INC.Broker
August 2009 - July 2014 · 4 yrs 11 mos
Walnut Street Securities, INC.Broker
July 2005 - September 2009 · 4 yrs 2 mos
Great American Advisors, INC.Broker
February 2002 - August 2005 · 3 yrs 6 mos
Brecek & Young Advisors, INC.Broker
November 2001 - March 2002 · 4 mos
Metlife Securities INC.Broker
March 2001 - November 2001 · 8 mos
Metropolitan Life Insurance CompanyBroker
March 2001 - November 2001 · 8 mos
PFS Investments INC.Broker
February 2001 - February 2001 · 0 mos
State Registrations2 states
MINV
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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