Michael Tosaw
Michael Tosaw is a registered investment advisor at Iolite Asset Management, based in Chicago, IL, with 18 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.25% |
Fees are negotiable and range from 0.25% to 1.25%. Iolite also offers Managed Asset Portfolios (MAP) with different strategies, each with its own fee. Clients can also pick a combination of strategies for a flat 0.5% fee.
Fee Estimator
Location
318 W Adams St, 10th Floor, Chicago, IL, 60606
Get directionsHistory
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 sells insurance products (life, disability, health, and LTC) and mortgages. He also earns document preparation fees, works in sales for Midwest Life Insurance Brokerage (a minimal time commitment), is writing a book, and works for Know Your Options RIA (about a quarter of his time).
Employment History
Current Registrations
Iolite Asset Management
Rcm Wealth Advisors
Previous Registrations
Brokersxpress LLC
Ing Financial Partners, INC
Metlife Securities INC.
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.