Michael Assad
Michael Assad is a registered investment advisor at Vicus Capital, INC., based in Bethlehem, PA, with 22 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 6,005 clients with $2.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Vicus Capital charges a percentage of your portfolio's value each year for investment management. The exact percentage depends on the specific strategy you choose. The fee is calculated at the beginning of each month based on the value of your account on the last day of the previous month. The fee is deducted from your account. The Investment Management Fee and IAR fee should not exceed 2.5% of the account’s net asset value.
Location
3101 Emrick Blvd, Suite 315, Bethlehem, PA, 18020
Get directionsHistory
Regulatory History (5)
Financial
November 2016Financial
November 2016Financial
November 2016Financial
October 2016Financial
July 2016Other Business ActivitiesSells Insurance
Michael works as a client account analyst with Pennsylvania Financial Group and is an investment advisor representative with Vicus Capital, Inc., dedicating full-time hours to these roles. He also sells life, health, disability, annuities, and long-term care insurance as an insurance agent for various companies, spending a few hours per week on this activity.
Employment History
Current Registrations
Vicus Capital, INC.
Cetera Wealth Services, LLC
Cetera Wealth Services, LLCBroker
Previous Registrations
Walnut Street Securities, INC.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids 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.