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 High Net Worth, 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 range between 0.25% and 1.25% per year depending on the specific program. Specific strategies have set rates: ETF Advisor at 0.25%, MAP Select, Strategic Knight, and Global Equity Income at 0.50%, Strategic Knight with Hedge Overlay at 0.60%, and Triple Income Options and Concentrated High-Growth at 0.90%. Fees are negotiable.
Fee Estimator
Location
318 W Adams St, 10th Floor, Chicago, IL, 60606
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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 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.
Exams
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