TrueAdvisor
TrueAdvisor
MW
MW

Michael Wassmann

Park Shore Partners LLC
17 Years of Experience
Erie, PA
BrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Wassmann is a registered investment advisor at Park Shore Partners LLC, based in Erie, PA, with 17 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, High Net Worth, Investment Management. Their firm serves 5 clients with $110M in assets under management.

Park Shore Partners LLC
Compensation
Fee-Only (% of Portfolio)
Firm Size
7 advisors
Number of Clients
5 clients
Average Client Portfolio
$22.0M average
Assets Under Management
$109.9M

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any0.75%

Opportunity Funds charge 1.0% per annum (0.25% quarterly) plus a 10% performance fee. The Multi Asset Strategy Fund charges 0.75% per annum (0.1875% quarterly) plus strategy-specific incentive fees.

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

Location

2725 Colonial Ave, Erie, PA, 16506

Get directions

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.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Michael is the Chief Compliance Officer for HBK Sorce Advisory and Park Shore Partners LLC, and HBK Sorce Brokerage LLC. He also oversees the insurance department as President of HBK Sorce Insurance LLC and provides asset management services to UP Strategic Wealth Investments Advisors LLC, and back office services to Pinion Wealth Management. Michael also works as an attorney doing legal consulting.

Employment History
Current Registrations
Park Shore Partners LLC
January 2016 - Present · 10 yrs 9 mos
Hbk Sorce Brokerage LLCBroker
September 2011 - Present · 15 yrs 1 mo
Hbks Wealth Advisors
September 2011 - Present · 15 yrs 1 mo
Purshe Kaplan Sterling Investments
May 2011 - Present · 15 yrs 5 mos
Purshe Kaplan Sterling InvestmentsBroker
May 2011 - Present · 15 yrs 5 mos
Previous Registrations
Invescor Wholesale Bd, INC.Broker
February 2009 - April 2011 · 2 yrs 2 mos
State Registrations2 states
FLPA
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.
More Advisors
More financial advisors in Erie, PA →All financial advisors in Pennsylvania →