Michael Spears
Michael Spears is a registered investment advisor at Calton & Associates, INC., based in Houston, TX, with 23 years of industry experience. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 1 more. Their firm serves 5,283 clients with $1.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Calton charges a percentage of your portfolio for investment management, up to 2.60% annually. This fee may be negotiable. The exact fee depends on the representative managing your account and the program you select. You may also incur additional fees from third-party money managers. Calton bills quarterly, either in advance or arrears. You can terminate the agreement with 30 days' notice, and any unearned fees will be refunded. Some clients may be charged performance-based fees.
Location
13111 Westheimer Rd., Suite 475, Houston, TX, 77077
Get directionsHistory
Regulatory History (3)
Customer Dispute
May 2018Customer Dispute
December 2017Customer Dispute
August 2016Other Business ActivitiesSells Insurance
Michael is the Chief Compliance Officer (CCO) of Westpark Wealth Advisors, Inc., a Registered Investment Advisor (RIA). He also serves as the CCO of IMS Insurance Agency, Inc., dedicating about half of his time to Westpark Wealth Advisors and about 10-20% of his time to the insurance agency.
Employment History
Current Registrations
Calton & Associates, INC.Broker
Westpark Wealth Advisors, INC.
Previous Registrations
Ims Securities, INC.Broker
State Registrations1 state
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.