Michael Lackwood
Michael Lackwood is a registered investment advisor at Spring Delta Asset Management, LLC, based in New York, NY, with 21 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, Retirement Planning. Their firm serves 58 clients with $28M 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 $200K | 2.00% |
| $200K - $750K | 1.65% |
| $750K - $1.8M | 1.40% |
| $1.8M+ | 1.20% |
Fees are generally negotiable.
Fee Estimator
Location
125 Park Avenue 25th Floor, New York, NY, 10017
Get directionsHistory
Regulatory History (6)
Judgment / Lien
December 2025Customer Dispute
February 2025Customer Dispute
March 2023Customer Dispute
February 2022Customer Dispute
May 2019Employment Separation After Allegations
August 2011Other Business ActivitiesSells Insurance
Michael is an independent insurance agent selling life, disability, and long-term care insurance since 2018, dedicating minimal time to this activity. He also serves as Treasurer for Brooklyn Emerging Leaders Academy, a charter school, dedicating minimal time to this role.
Employment History
Current Registrations
Spring Delta Asset Management, LLC
Previous Registrations
Apw Capital, INC.Broker
Aurora Private Wealth, INC.
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
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.