Michael Romanello
Michael Romanello is a registered investment advisor at Independence Capital CO., INC., based in Westlake, OH, with 23 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 Business Owners, Education Planning, High Net Worth, Insurance Planning, and 3 more. Their firm serves 300 clients with $120M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25K | 2.50% |
| $25K - $250K | 2.50% |
| $250K - $500K | 1.50% |
| $500K - $2.5M | 1.00% |
| $2.5M - $10.0M | 0.75% |
| $10M+ | 0.50% |
Fees are negotiable.
Fee Estimator
Location
24930 Detroit, Westlake, OH, 44145
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is the owner of PRO Financial Network, selling fixed life, health, long-term care, annuity, and disability insurance, dedicating about 10-20% of his time. He also has several other business activities including real estate management, a sales distribution company, cannabis production, and is a MassMutual career agent and Charter Oak Financial agent selling life and disability insurance.
Employment History
Current Registrations
Independence Capital CO., INC.
Independence Capital CO., INC.
Independence Capital CO., INC.Broker
Previous Registrations
On Investment Management CO
The O.N. Equity Sales CompanyBroker
Independence Capital CO., INC.
Independence Capital CO., INC.Broker
Waterstone Financial Group, INC.Broker
Mutual Service CorporationBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations6 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.
Exams
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