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Michael Salemy

Cwm, LLC
16 Years of Experience
Sarasota, FL
1 Disclosure
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Michael Salemy is a registered investment advisor at Cwm, LLC, based in Sarasota, FL, with 16 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 52,669 clients with $51B in assets under management.

Cwm, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
663 advisors
Number of Clients
52,669 clients
Average Client Portfolio
$960K average
Assets Under Management
$50.6B

Fee Structure

Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Annual investment advisory fee ranges up to a maximum of 2.50% of assets held in the account. Fees are negotiable based on account size, complexity, and other factors.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

One North Tuttle Ave, Suite 1, Sarasota, FL, 34237

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Employment Separation After Allegations
November 2016
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael co-owns Sebago Investments LLC, a real estate venture, with his wife, but is not involved in day-to-day operations. He also serves as Secretary for Play for Life Foundation and Treasurer for St. John Heart Foundation, dedicating minimal time to each.

Employment History
Current Registrations
Cwm, LLC
April 2022 - Present · 4 yrs 6 mos
Previous Registrations
Cetera Advisor Networks LLCBroker
April 2022 - December 2023 · 1 yr 8 mos
Northwestern Mutual Investment Services,llc
May 2018 - April 2022 · 3 yrs 11 mos
Northwestern Mutual Investment Services, LLCBroker
May 2018 - April 2022 · 3 yrs 11 mos
USAA Financial Planning Services
July 2017 - September 2017 · 2 mos
USAA Financial Advisors, INC.Broker
June 2017 - September 2017 · 3 mos
Eagle Fund Distributors, INC.Broker
October 2015 - December 2016 · 1 yr 2 mos
Cedar Capital, LLC
February 2015 - October 2015 · 8 mos
Foreside Fund Services, LLCBroker
November 2014 - October 2015 · 11 mos
Good Harbor Financial
March 2014 - January 2015 · 10 mos
Northern Lights Distributors, LLCBroker
December 2013 - November 2014 · 11 mos
Invesco Advisers, INC.
August 2011 - November 2013 · 2 yrs 3 mos
Invesco Distributors, INC.Broker
March 2011 - November 2013 · 2 yrs 8 mos
Franklin/templeton Distributors, INC.Broker
March 2010 - March 2011 · 1 yr
Raymond James & Associates, INC.Broker
May 2009 - March 2010 · 10 mos
State Registrations3 states
FLNHTX
Advisor

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
No exam information available for this advisor.
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