Michael Tavel
Michael Tavel is a registered investment advisor at Tavel Insurance & Financial Services, LLC, based in Fort Lauderdale, FL, 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 Insurance Planning. Their firm serves 37 clients with $5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Tavel Insurance & Financial Services does not directly manage client investments. Instead, they recommend third-party investment advisors. Tavel Insurance & Financial Services shares in the fees you pay to the third-party advisor, but the total fees will not exceed 3% of your portfolio per year. Tavel Insurance & Financial Services may have an incentive to recommend one advisor over another based on their compensation arrangement.
Location
Fort Lauderdale, FL
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Regulatory History (4)
Regulatory
December 2020Employment Separation After Allegations
March 2019Employment Separation After Allegations
March 2019Customer Dispute
February 2019Other Business ActivitiesSells Insurance
Michael sells fixed annuities, universal & whole life, term, disability, LTC, Medicare supplements & health insurance since 2004. He also provides investment advisory services through Charter Advisory Corporation, spending about a quarter of his time on this. Additionally, Michael owns rental properties and places insurance business through various groups and brokerages, dedicating about 10-20% of his time to this.
Employment History
Current Registrations
Tavel Insurance & Financial Services, LLC
Previous Registrations
Charter Advisory Corporation
LPL Financial LLC
LPL Financial LLCBroker
State Registrations1 state
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.