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Michael Mare

Nova Financial Services
18 Years of Experience
Colorado Springs, CO
1 Disclosure
View SEC Summary
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Michael Mare is a registered investment advisor at Nova Financial Services, based in Colorado Springs, CO, with 18 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 738 clients with $470M in assets under management.

Nova Financial Services
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9 advisors
Number of Clients
738 clients
Average Client Portfolio
$636K average
Assets Under Management
$469.4M

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.50%
$500K - $2.0M2.25%
$2.0M - $5.0M2.00%
$5.0M - $10.0M1.75%
$10M+1.75%

Fees are negotiable for accounts over $10,000,000. Billed quarterly in advance.

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

Location

90 S. Cascade Avenue, Ste. 1010, Colorado Springs, CO, 80903

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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.
Customer Dispute
February 2021
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is a freelance singer since 2014, dedicating about 10-20% of his time to this activity. He is also the CEO of Nova Financial, LLC dba Quantum Wealth Strategies LLC, a pass-through entity for fees/commissions, spending a few hours per week on this investment-related activity.

Employment History
Current Registrations
Nova Financial Services
November 2014 - Present · 11 yrs 11 mos
Previous Registrations
Mutual Securities, INC.Broker
November 2014 - August 2018 · 3 yrs 9 mos
New England Securities Corporation
January 2012 - November 2014 · 2 yrs 10 mos
New England SecuritiesBroker
December 2011 - November 2014 · 2 yrs 11 mos
Key Investment Services LLC
October 2010 - November 2011 · 1 yr 1 mo
Key Investment Services LLCBroker
October 2010 - November 2011 · 1 yr 1 mo
Edward Jones
February 2008 - October 2010 · 2 yrs 8 mos
Edward JonesBroker
January 2008 - October 2010 · 2 yrs 9 mos
State Registrations1 state
CO
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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