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CFP

Stephen Magallanes

Collaborative Wealth
17 Years of Experience
Stuart, FL
BrokerSells Insurance
View SEC Summary
View SEC Summary

Stephen Magallanes is a CFP-designated registered investment advisor at Collaborative Wealth, based in Stuart, FL, with 17 years of industry experience. Stephen is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Estate Planning, High Net Worth, and 5 more. Their firm serves 937 clients with $650M in assets under management.

Collaborative Wealth
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14 advisors
Number of Clients
937 clients
Average Client Portfolio
$697K average
Assets Under Management
$653.3M

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Maximum advisory fee is 2.50% and typical fees range from 0.25% to 2.50%. Fees are negotiable based on account size, family relationships, and services provided.

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

Location

1805 S Kanner Hwy, Stuart, FL, 34994

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Stephen provides investment advisory services through Collaborative Wealth Management Inc. and Collaborative Wealth Treasure Coast, dedicating nearly full-time to the former and about 10-20% of his time to the latter. Stephen also works as an insurance specialist for Treasure Coast Financial, spending a few hours per week on this activity.

Employment History
Current Registrations
Collaborative Wealth
September 2018 - Present · 8 yrs 1 mo
LPL Financial LLCBroker
February 2018 - Present · 8 yrs 8 mos
Previous Registrations
LPL Financial LLC
February 2018 - March 2019 · 1 yr 1 mo
Invest Financial Corporation
November 2011 - February 2018 · 6 yrs 3 mos
Invest Financial CorporationBroker
July 2011 - February 2018 · 6 yrs 7 mos
Invest Financial Corporation
July 2011 - November 2011 · 4 mos
Invest Financial Corporation
July 2008 - September 2010 · 2 yrs 2 mos
Invest Financial CorporationBroker
November 2007 - September 2010 · 2 yrs 10 mos
State Registrations23 states
ALAZCACOFLGAHIIAILINKYMDMNMSNCNYOHPASCTNTXVAWA
AdvisorBrokerBoth

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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