Michael Kwedar
Michael Kwedar is a registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 41 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
December 2008Other Business ActivitiesSells Insurance
Michael is involved in several business activities, including fixed insurance sales (about 10-20% of his time), financial services through PRM Financial Services (nearly full-time), and various roles related to KWEDAR Management LLC, KWEDAR Investments LP, Camp Kwedar LLC, Weatherford Land Development Management, LP/LLC, JOMIKE TX LLC, KWEDAR Property Holdings LLC, and KWEDAR Capital Partners (ranging from minimal time to about half his time). Michael's activities include investment selection, real estate management, and asset protection.
Employment History
Current Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Previous Registrations
Resource Horizons Group LLCBroker
Resource Horizons Investment Advisory, INC.
Securities America Advisors, INC.
Securities America, INC.Broker
Terra Securities CorporationBroker
Prm Asset Management, L.L.P.
Capital Brokerage CorporationBroker
Forth Financial Securities, CorporationBroker
Equico Securities, INC.Broker
The Equitable Life Assurance Society of the United StatesBroker
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.